I tried to run away from the clouds–but they caught up with me. Today marked a pivotal day for me, as I resigned almost half of my trading positions to the graveyard of failures. I could’ve worked with them and built them up, in order to exit cleanly. But, very simply, I was scared out of today’s market.
The problem that I had was concentration. I was too focused on energy and had several positions approaching -10%. At -10%, I either cut losses or double down. Looking at SOL, EMES, BITA and ARWR, I found nothing in those names that said they were going to trade higher tomorrow, so I cut them loose. I tried to hold them, Ringo, I really tried. But the dark clouds have followed me to this place and engulfed me in its bearish cloak of antiquity.
I cannot be more bearish than what I am now. Figuratively, I want the world to end now. Actually, I expect it will end, in a giant heap of smoldering ruins, skeletons atop of recycled bottles of water atop of barrels of oil.
I am still long TNA, CLR, CYBR and about 34 other stocks, all of which I expect will lose me a dramatically gay amount of money. However, friends and foes alike, I am afraid of my very own shadow. There are people chasing me in the halls and they’re after my purse (tinky winky). Every time I stab them in the neck, or about the face, they fall and die. But then 5 minutes later, like some sort of Miami Zombie, they’re chasing me again in the halls–grabbing at my wallet.
This all sounds pretty nuts to you, I know. Join me in Vegas this November 8th and see if you will make it out alive, or perhaps my shadows will chase you too.
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