You Overreact Because You Are Human

“I’m not mad, I’m just disappointed.” – Elder Raul

I knew ONVO had gone too far.  That was part of the reason my position was scaled down to runner size.  But did I expect the moronic momentum crowd to panic?  No, but I should know better.

People overreact…to everything.  I have always despised this characteristic.  For a long time this resulted in anger—anger which peaked daily during my commute across town.  My soul belongs on European roadways where a clear expectation is in place to pass and get over.  Instead I reside in a metropolis of underfunded civil projects, crawling on my belly across roadways designed by engineering misfits, and nobody cares about highway etiquette.

Everyone overreacts when they drive.  I suppose that is the point I am failing to make here.  Same goes for ONVO traders, they overreacted—both ways—like idiots.  You have to spot the dimwits of the world and avoid them entirely.  I will hold my ONVO runner, back to cost basis, $5.75, and patiently wait for all of these imbeciles to clear the roadway before committing more capital.

The chicken trade is alive and well.  PPC waited until there were no farmers on the horizon, and crossed the road.  My second largest position has been unscathed through this most recent terror.

You cannot tell me you like the AMBA daily chart.  It is not that I think my trade is wrong, but rather that we are seeing what could potentially be a nasty false breakout which may preclude a fast breakdown.  I have my guard up.  My largest position is precariously toeing a narrow line.

Walter is coming in close to my risk levels here.  I am eyeball-to-eyeball with the man in the black pajamas.  My third largest position has resorted to trench-style positioning.  Buyers need to dig in here or their ranks will be overrun.

BALT has a weekly chart like I have not seen in months.  It is brilliant and I would make plans to board this boat if I was not already properly stowed in a cozy stateroom.  I only have ½ size here.  Remember when I ripped 10% out of this name a few weeks back?  I am waiting to size back on.  It needs to inspire me, like Elon.

TSLA was up but I am not overwhelmed with gay pride.  We saw sound CEO 2.0 action yesterday and today with Elon Musk blasting out an updated warranty and flexing his technological muscles via an over-the-air update to all his cars.  No big deal.  You homos are in the presence of greatness with this product and you are not showing the respect that is due.  I still want more shares.  I wonder if I can use some $BCOIN to hire an economic hit man off the tor network?  Because truth be told, I would forego eating for a week to procure some sub $100 TSLA shares.

Everything else is a nonevent until it is.  Avoid the noise, stay laser focused on the signal.

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