Do not be the guy buying the market at all times highs. Sure, you have banked hefty sums of coin this week on the backs of central bankers and dead shorts. But is that any reason to go all in up here? Why put all your hard earned coins in risks way?
I am a slightly different animal. My earnings this week are ‘big dicked’ [No SCOK] and I have thus earned the right to allocate some risk.
This morning I sold off my TZA hedge [adieu, my comforting friend] and started positions across the marquee risk complex via DDD, YELP, and CREE.
These moves are certainly not for the faint of heart, and have been implemented at smaller-than-normal size due to the elevated nature of the tape. Nevertheless, I intend to position my book where I see opportunity. Let us hope I am not viewing matters through rose colored sunglasses.
http://youtu.be/bmXumtgwtak
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DDD gets HPQed
Cree gets Phillipped
Yelp eaten by wolf
+1 Raul you should have added to your TZA.
you guys had it right
and get out of DDD as fast as possible. Don’t feed that stupid CEO over there.
my theory on this one is prices don’t travel in one direction, my timing is a bit early though without question. It would have been more wise to let the buying commence prior to joining
In with CREE. love that pick.
this one could def dance if it can eat through the supply glut just overhead
about to blow