Patiently Focused

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I am aimed like a laser at this market. A beam of light shone through a VVS1, slowly whittling away at the marble that is the stock market. Oh the market has had its victories, and I my losses, but I understand what risk truly is, and conduct myself in said fashion. I sold EXK today for a nice little profit, based on the mathematical precision that is The PPT. I am in a holding pattern in ZSTN and HDSN, waiting for them to “yin and yang.” If MOS does not reverse again it is getting cut for a tiny loss. I am heavy in cash now, I have made some money the past few weeks and intend not to get greedy. In the coming days and weeks I will look to short ZNGA, FB, GRPN, GMCR, and FSLR, all just on the radar, it’s not because I hate them,  (well FB and ZNGA I do), but because I look to make money, without emotion.

This market is brewing up something fucked. We could shoot well into the 14,000’s or even the 15,000’s, or we could shit the shower. This market is controlled by computers and idiots with too much money, and even more ego’s. Enjoy this rally, take your profits, and understand risk.

 

4 Responses to “Patiently Focused”

  1. good post and nice work on exk

  2. With price slopping around like this, it’s smart to take some profits.

    Having said that, I did not scale any of my positions. Now I get to tomorrow.

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