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Swing Trading with Raul3

Raul3
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

Riding Out The Weakness

Raul3 Thu Apr 3, 2014 5:40pm EST 4 Comments

The market made an interesting move this morning after establishing initial balance.  We will take a closer look at the specific details later on today but its suffice to say a new trading picture is emerging from the opening swing.

I was down a hefty bit today, led down by the aggressive selling in YELP.  I had in mind a stop on this stock but in only a few moments of being away from the computer it blew right through that level.  Now I have no choice but to hold onto my nearly worthless option premium.

I still like my changes with LULU going into tomorrow.  The yoga pant is looking ready as ever to bust a move.  I managed to scale off some of my Z calls at the high of the day early on

Everything else is still in place.  Perhaps the market will motivate me to act further tomorrow?

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4 comments

  1. UncleBuccs
    UncleBuccs
    April 3, 2014 at 6:03 pm

    Raul, I’ve been a long time hater of the LULU, but man…does it ever have ‘the look’. Was hoping for a tad more of a pull back, but it held up.

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    • Raul3
      Raul3
      April 4, 2014 at 8:55 am

      I have been a long time fan of seeing who can squeeze into these.

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  2. matt_bear
    matt_bear
    April 3, 2014 at 6:46 pm

    Ride or die homie.

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