Damn it feels good to be on the right side of the market. Danny’s incredible invention has allowed me to switch from bullish to bearish with confidence.
Normally I stick to the bull camp, but why fight the tape, why not make the easy money. It fun to watch panic and see a stock crumble when you’re on the right side of the trade.
I stacked massive wins today on the short side: [[PCLN]], [[CHL]], [[CMG]], [[DE]], & [[AAPL]]
More charts tonight
Note: A big thanks to Danny for sharing his machine.
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All is fun in love and puts, just watch out for the 3 figure rallies of “assholiness” porportion.
Nice triple on CMG, BTW.
Cheers,
Option Addict
OptionAddict:
Great call on IPI from last week!!!
RC:
You still in those Jun120s PCLN?
Q4,
no props for me, view this video @ 9.20, http://www.optionaddict.net/blog/2008/6/9/weekly-watchlist.html
OA,
that’s what I’m worried about, I’m trying to stay delta negative.
RC,
Skip that, stay neutral. With your picking abilities, that should be a relatively low risk path.
I find that when I lean to far in any direction lately (delta), I get “shit stabbed.”
Cheers,
OA
I agree, I meant to say neutral.
You’ve taught me well.
RC – you misread my post. I thanked OA for IPI, I saw it through his weekly watchlist. Are you still in those Jun120s PCLN?
OA – Thanks again.
thanks a lot Ragin for the props. I’m glad it’s been able to help you.