I considered exiting RVBD on Friday, since usually it is time to take profits when a stock get clobbered like RVBD just did. The problem is that I think the entire market has a good 30 - 50 handles of downside here, and RVBD, being a wounded puppy, will follow along almost mindlessly. Still, there would have been nothing systemically wrong with exiting RVBD on Friday. Overall, if I had exited, I would break almost even on the stock (would exit at about 24.50) , since the market bid it up along with other dogs with this incessant rally we are in.Quote from nitro:
RVBD, -6
S RVBD 24.33
I need to differentiate between the model and my position. Since I am leaning short, the positions are getting killed. It has given back almost all gains. The model, well, many symbols that it ranks as dogs are going higher.Quote from KS96:
HTS, URBN, DNDN
how is the model doing during the last few days?