I know I make this shit look like riding a bike, easy as shit for a grown man. But it’s not. It’s hard work and lots of research. The book was up big today, lead by WNR, CENX, FL and GSVC, and topped off with TNA and short VXX. They were like the cherries on top. But now the key question arises: for how long do I want to be long? Well I didn’t sit here inactive as fuck, seeing market weakness and then finally getting my Dick wet for just 1 day. At the same time, I have to recall recently coming to the conclusion that about as many headlines as possible are all going against the stream of the market. So, I sold out of TNA and covered VXX. I don’t want the uber high beta names hanging on my book for too long. This raised my cash to 40%, too, an amount I’m happy with. I see a little more upside, and bonds may be starting to come in. Should the headline risk settle down, I can always hop back in. Otherwise, I’ll be waiting for the prophecy to tell me to sell, and I’ll be out. For now, it’s about the balance between oversold bounces and economic reality, and I’m on a motherfuckin beam. Feel me?
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Excited to see what jupiter has to say hahaha. Props on the day
haters disappear when they ain’t got shit to say
It’s hard work and lots of research.
You found WNR and GSVC? You normally trade FL?
lol.
1) it’s one thing to buy the stocks, it’s another thing to bu the stocks _at the right time_
2) cenx mercked everything besides fl
Chivo,
Help out a piker. What did you see in FL that made it a buy?
join the ppt
Indued. Thanks!
@chivo – It is easy… when you are on your game. When you’re off, it’s impossibly difficult.