Trapped

Trapped is the word of the day..  a : something by which one is caught or stopped unawares;also : a position or situation from which it is difficult or impossible to escape Did you see that second part?… a position or situation from which it is difficult or impossible to escape Whats that mean to you? I know what it means to me. Do you know how to scan for that in your nightly scans? This is a place where I plan to bank some coin. There a bunch of investors and fund managers that have some stuff on the sheets in which they feel trapped.  They will become ever increasingly dis-interested in continuing to own these nightmares. These poor poor equities won’t even  hardly rally when the market does because trapped longs will use any bounce to sell. Fund managers wont want the world to know that they have these on the sheets as we get closer to the end of the quarter. I’m a day trader and my job is to find predictable repeating patterns and profit from them. Trapped longs are a highly predictable creature.  A couple of these bruised and battered will become just like an ATM. They will be on my screen. Short the rips baby 🙂