Step up and short the best looking technical setups you can find. Sell, naked mind you, shares to me. If you would be so kind, allow me to use leverage.
Then pucker up. You are about the feel the stiff grooves of my juicer. You will be squeezed, and I will drink your blood. Your meat will be discarded in the nearest waste receptacle.
The false move, fast move is working until it doesn’t. Amazon has been my ‘tell’ for the duration of this strategy. If that stock plummets into the cold abyss then I will cease performing this hedonistic practice.
I managed to scale off a piece of S today which brings my cost basis down to $3.71. Knife catching is much more passive with a cost basis like that, yes?
Other moves: scaled most of my weekly FB calls and scaled half of the CLDX shares I took $20 delivery on last Friday. Running and gunning. Puts my cash up to nearly 35% ahead of the big ECB meeting aka I am back in the bunkers ready to pounce like a tiger, long or short.If you enjoy the content at iBankCoin, please follow us on Twitter
I bought some 2/6 AMZN puts today. Let the games begin.
I’d imagine you were not shorting into the hole. Those are the ones I seek to juice.
Correct. I have cash short with higher cost basis. I bought the ichan pop. I am playing the 1/29 report.
shake’n’bake, good form Blue
thoughts on KBH, sir?
i’ll be buying AMZN puts as well. sorry. i’m a bear.
with KBH you know what you’re dealing with, a fast falling knife. Pick your levels, accept the risk and give it a try if you want. But stick to your risk! That’s not the kind of chart that will bail you out. Like this Sprint trade, for example, has way less speed to it.
That being said, its becoming oversold on quite a few indicators…
Thanks for sharing your AMZN bias, I actually am not in AMZN, but rather using it as a proxy.
To many bears.
its all about this week, Mario, and then the Greek elections