iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

PCLN: Short Idea

[[PCLN]]

PriceLine closed below its 50 day MA and broke support, gap fill next.

pcln.gif

Looks like a reverse cup & handle pattern

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Cajun Positions

Here is an update on my current positions:

[[AAPL]] [[GOOG]] [[STP]] [[SIGM]] I hate this stock

[[TSO]] [[MELI]] [[SKF]] [[SRS]] [[SMN]] [[DUG]] [[SCC]] [[FXP]]

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Another Ugly Day

Wow, stocks got lit up again. My short ETFs are like money printing machines, does [[SKF]] ever go down?

I added another one to my collection today, [[SCC]]. This ETF is my play on specialty retail falling apart. We have a bunch a names reporting this week, and if [[ANF]] is any indication of how the group is preforming, this one could be a huge win.

Reporting this week: [[JCG]], [[AEO]], [[GYMB]], [[MW]], [[ARO]], & [[ZUMZ]]

In my opinion, this group has room to fall further.

I only have a few longs, but they are killing me. I’m thinking about calling up my broker and getting them to disable the buy button from my screen.

Note: Check out DT’s stock of the year.

Busy day today, look for updates tonight… 

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