It is no secret that February has been a cold month for everyone’s favorite Russian diplomat, Raul. My home country, MOTHER RUSSIA, is being ridiculed by media pundits, many who would reduce this country USA to the same disheveled conditions if they could succeed in pressing their socialist agendas. Remember that when you consider disposing of used toilet paper in a waste bin instead of flushing it down the pipes built by the strong hands of immigrants.
I am holed up in the subzero north myself, laboring tirelessly under the oppressive grip of the arctic vortex. It would seem most of this work has been without fruit as I have been chosen as the sacrificial lamb to the stock market gods twice in one week.
I give my left limb to AMBA and my right to OESX. Last week, I offered a hunk of my torso to the gods via an Apple call option into earnings. What the hell was I gambling? Stupid.com
Anyhow, I will not dwell but only point these losses out for the sake of full disclosure. I have two strikes and common in FSLR. I have incredible conviction in this name, until I do not. They are doing a wonderful job boiling me, slowly, so I stay in the pot.
Elroi was doing well in February, and then the marketplace tripped him up. Now I his entire credibility has come to question. He may not be robust enough. The shorts he entered today were not trades I would ever take on a discretionary basis. And if I did, they would be exited well before they hit stop loss. Thus at this stage, Elroi must be a helper robot, walking alongside me during the hunt, as opposed to an autonomous hawk, circling the prairie grass and fetching me varmint to eat. If anyone has taken their algos fully autonomous, feel free to discuss your successes in this forum. Sharing is caring.
I am thinking either a timed stop or a max intraday drawdown.
To keep this trading endeavor rolling, I had to find some juice intraday. I took a solid entry on some Z yolos early on. This trade has the look, and if right promises to recapture all the other yolo losses undertaken this year. I like my odds here.
I took a large position in KNDI too. It has the right look.
What can I say, the day session in NASDAQ looked like a trend day, but we could not find any initiative buying during the afternoon. Thus we printed the infamous P-shaped profile. We will cover this further in the morning.
Finally, LNKD is getting crushed after hours because the market has decided against aggrandized resumes and endorsements. When someone can endorse me a hoagie, I’ll flip to bullish on LNKD.
I bought some TWTR at the bell, bringing my cost average up to $46 from $41. I have more buying power idled and ready to buy additional TWTR blood because this is a real disruptor—misunderstood like a vapor pipe.
Crack to smoke, chocolate to eat gents…are you still hungry?
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Raul, I too am suspicious of the motives behind these journalists & their yellow (literally) journalism. My belief is tha Vladimir is paying the price for brokering peace in Syria. How sad is that?
On to the YOLO. I have partaken in the game of YOLO with mixed results. While commuting to my daily enslavement this morning, I was pondering this very matter. It seems that the successful YOLO is a very specific occurrence. An exact movement of a stock to a narrow window of opportunity. Almost akin to a bowhunter’s successful killing of a trophy deer. With a bow, you can’t just walk into the woods and happen upon a magnificent buck, seat your arrow, draw your bow & slay him. With the bow, you must know your hunting ground well, have scouted your deer before -many times. You must lay in wait at the exact spot that you have planned for his execution. Will he come when and where you expect him while your ready? Often not. But when all of the proper events converge on the specific, fleeting moment in time, you are rewarded as an alpha-male of grand superiority.
In support of my theory about these Sochi ‘slum’ reports being faked, see here: http://www.hardware-360.com/sochi-official-accidentally-admits-to-shower-surveillance-in-hotel-rooms/
Never mind the camera-in-the-shower bit. That’s a cultural thing, and to mock someones culture is the very definition of bigotry…lol!!
Cutting through the bullshit as always uncle, MOTHER RUSSIA!
The depth of thought you have given to yolo, and your anecdote are appreciated.
It’s more being a hunter then a drunkard firing shots at anything that moves.
As I type, I’m watching the snowboarders slide down the snowy, sculpted slopes.. imagine that. The headline on Drudge made it look as if they would be conducting these games on gravel parking lots.
As far as the yolo story- thanks for tolerating me. I typed that on my phone while waiting to “punch out” at the end of the day….like a good little robot.
GoPro Files for IPO Confidentially
http://online.wsj.com/news/articles/SB10001424052702304680904579368843314431918