SAT, Oct 25, 2014
Going SHORT @ OPEN next week, hope to get entry between 48.89 & 50.47 but I'm going in regardless
one-eighth of capital ONLY for the opening SHORT .... STOP = hair over 52.45 but is mental for now as the pattern is a crappy one so it might shoot and then reverse and knock me out.
Adding an eighth more on < 46.5
Then pour on the coal on breakdown of October low then July low.
But not to exceed 2% in total
TP:
close 30% position @ 33.78
close 30% position @ 28.19
close rest position @ 22.11
Out of there despite it going towards zero - reason? won't get paid. In fact might forego the 3rd TP and close all on 2nd TP
Going SHORT @ OPEN next week, hope to get entry between 48.89 & 50.47 but I'm going in regardless
one-eighth of capital ONLY for the opening SHORT .... STOP = hair over 52.45 but is mental for now as the pattern is a crappy one so it might shoot and then reverse and knock me out.
Adding an eighth more on < 46.5
Then pour on the coal on breakdown of October low then July low.
But not to exceed 2% in total
TP:
close 30% position @ 33.78
close 30% position @ 28.19
close rest position @ 22.11
Out of there despite it going towards zero - reason? won't get paid. In fact might forego the 3rd TP and close all on 2nd TP
sensitive to diseases, remember H1N1? Because of that it bottomed 4 months after the Dow Jones during the 2008 CRASH after already dropping like a stone to near 6 bucks. Then it dropped another 50% due to H1N1 scares.
ops: