“The Fly” is On a New Streak — Culling Losers Left and Right

Today’s opening tick pushed several of my stocks below the threshold from which I can no longer bear witness and do nothing. I sold AERI, UXIN, and DOCU — all for losses. In the case of UXIN, a horrendous loss of 15% — stacking up my recent trading prowess to nothing short of garbage can tier.

Additionally, I made a slew of changes to the Quant fund, but more or less, many of the constituents remains the same. I’m not done buying, and will complete the fund by the end of day.

Back to the subject of my horrible positions: they’re mostly higher today, after I sold the losers. It’s always nice seeing that, like a fake diamond ring set in a lovely platinum ring. The only other stock in my ownership sharply lower today is DOMO — but I’m holding it because it’s back to where I bought it. I merely squandered that trade, not something to lament until I sell it at a loss.

Markets don’t look half bad; but don’t take my word for it — have a look at the internals.

Well, I ought to be going now. I’m working on a new streak, one filled exclusively with losses. My cash position is healthy, but my brain isn’t cock-strong yet, so I’ll probably parlay until I get my mojo back. This is standard operating procedure for me, having gone from the hottest trader in the history of the world, to one unable to trade PG and HSY right. ‘Tis is my curse, the fate of an extreme artist who moves with passion and inspiration — checked only by his own hubris and bouts of stupidity diving headlong into giant pools filled with nothing other than cement blocks.