This is a sideways market, could you go long an index ETF and make money long term? Sure, but I need to be making money all the time, so no thanks. Timing is where I struggle the most, especially in instituting longs. When it comes to shorting, I am far better with my timing, why I wonder?
I am currently long YELP, HDSN, MRVL(very small), and AABVF
YELP is smashing my head in today, but I honestly believe it has a bounce before the August 29th lockup expiration. I am down 5%, 10% is my limit before getting a pink slip.
HDSN is long term.
MRVL is what it is, very small and liquid, I will let it “kick it,” for now.
AABVF is pissing me off, because it is an awesome company, but now it is merging with an ass hat company, I sold half of my position today, freeing up some liquidity, for a fucked up loss.
I am Short ZSTN, and FSLR, I covered a few hundred shares in ZSTN, I have been trying for days but it is hard to get orders of over 100 shares filled. FSLR should go down tomorrow, if it doesn’t, I will cut it.
The Macro radar is scarily quiet, there is the Open Market Committee tomorrow, but who the fuck cares really, the volume is so low it is frightening. Well, gotta stay postured on the defensive, while also picking your offense, e.g. set up your power shots by working off the jab. This shit is making me nervous and anxious, as if there is a rabid rapist in my back seat.
