iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Sell in May, Go Away

The theory sure holds true this year, I wish I would have done exactly that. But, I was perfectly happy watching [[VXX]] & [[TZA]] trade higher throughout the day.

Solar put a dent in my pocket, but I will continue to accumulate on dips, specifically Yingli Green Energy Hold. Co. Ltd. (ADR) [[YGE]] . I also should have sold my American International Group, Inc. [[AIG]] puts at the open, as I was up big, but after the mini melt-up I was only up a few coins– still holding.

The overall hybrid score closed at 2.33, which is why i sat on my hands for most of the day. I want to see a close in the low 2.20 to take off a few hedges and add to my favorite positions.

Fly’s bottom screen produced some scary results, PPT members click here, CAUTION!

You’re better off buying some iBC swag than fucking around with this market, indeud.

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