I keep losing on this trade. Oh well, here we go again. I’m getting ready to short LULU. I don’t know why I keep doing this, but I walked by the store again at Ala Moana shopping center and it just doesn’t seem like it was bumping up in there. Yes, I stayed outside. I wouldn’t want to be caught in there. Next door to Lulu Althletica is True Religion. Yeah, let’s go ahead and short that one too for the long run.
Verdict: short LULU to 35, short TRLG to the teens. Just watch, I’ll get it right this time.
Meanwhile, I had a crazy weekend. I was a guest speaker this past weekend so I used up a lot of time preparing my part. I don’t like talking in front of large audiences, but I had no way out. So, basically I had to shut off my stock trading center in my brain. I envy you people who can stand in front of an audience and be yourself. I always end up talking too fast and my voice cracks and all that stuff. So yeah, that’s how my weekend went. It also ended a little awkward. I was matched up with three girls on three different occassions. Lately with all these crazy stuff going on in my life, I guess they’re trying to be helpful. I don’t know, I kind of like being single again, but at least things are getting interesting. Well, whatevers clevers. As long as she doesn’t weaer LULU stuff or $300 True Relgion Jeans because that would just be a conflict of interest. Stocks first, women second!
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A very nice bullish triangle is forming so far, wait for it to break first – no point in doing anything until then.
On a fundamental note women love that fucking store, it represents their lifestyle as much as beer and football represents guys – no way I’d short that either.
yeah, fundamentally, its very tough to short illusions that add to a woman’s perception of her hotness such as lulu yoga pants that “make her ass look less fat.” They will always pay to assuage the insecurity demons and those pants are frequently the ticket to non-shameful public exercise (in their minds). Now, not hanging around true fatties, I don’t know if it carries. But for the 6.5 – 8.5 crowd, they fucking love yoga, and they love those fucking pants. 8.5s and up know it and tend to wear spandex or booty shorts, but if not, it’d be lulu too.
I will also go on record as saying even the tweens throw every penny they have at that shit, even if all they can afford is a $12 head band. Having said that, it looks like this market is about to yell “uncle” to I think you will be able to short any stock you want and Bank Coin! Short Yoga, Long MCD!!
Needless to say that triangle pattern broke and then some.
Fundamentally the stock is a smoker but that’s a lot longer time frame than a good swing short is.