A Tragic Day

I took hits everywhere, missing sell points and succumbing to short sellers’ reports that drove down one of my holdings. Still, I remain optimistic.

For the day, I gave back about 2.5%, effectively having my gold chain snatched from my person. My largest position, however, was higher. So I hope you can appreciate the sheer carnage that took place in my second and third tier names.

I’ve been distracted all day by Chinese burritos surging higher, attempting to lure me into their webs. For hours I was researching some fast movers and then it dawned on me: I don’t have that much cash to invest, being fully invested, so what the hell am I doing?

I’ve never been the window shopper type, so I quit looking at the market and started to focus on my positions.

Do I average down in TXTR? Part of me wants to take advantage of this drop, another part doesn’t want to get committed to something that is up for debate. I have too much drama in my life as it is. The last thing I need is to be bogged down in some stupid stock that is subject to an influential Citron Research bear raid short thesis every other day.

I haven’t had a down day like this in awhile and in no way do I find it to be “refreshing” or “not a big deal.” I hate set backs and will not let this 2.5% drop get much bigger, if the market is so inclined.