On a percentage basis, this is my second-best performing short (second only to EZPW). I’m just crazy about this analog. I can see much, much lower prices ahead.
Happy MLK weekend, everyone. I am sharing with you all the charts of the stocks in which I have short positions, broken into four parts (half for Slope Plus, half for everyone).
I’m satisfied with gold’s proximity to its gap that I have re-entered my DUST position and a short GLD position. I’ve got tight stops on these, though, and if GLD gets past $115, I’m out. The front month for gold is below, with its gap circled.
I’ve been accumulating DUST every day for the past four days. It’s showing a small profit at this point, and if miners break down the way I hope, this could be a great position. The gold bugs index, shown below, is slipping beneath the lower portion of its topping pattern. Nothing definitive yet, but we’re […]
The NASDAQ has been red-hot lately, hitting lifetime times pretty much every day. Well, enough is enough. I’ve turned my attention toward a couple of issues that are close to filling their gaps. Late in the day on Tuesday, I shorted Amazon….. …….and Facebook….. I’ve set my stop-loss price level just above the gap close, […]