Thursday, May 15, 2014

Daredevil Shorts 2: Still Init To Winit

I'm still in here, riding against the waves.

I covered my short IWM position, which actually turned out to be the juiciest drop today of the 3! But from a risk-reward perspective, the Russell looked to be at the bottom of a triangle and any reversal would've been mean and lean.

Still holding onto these shorts, perhaps for a tad longer, but I'm strongly considering just taking my money and leaving the table. I've covered a bit of my position, but this short so far has been the gift that has just been giving.

Kinda tells you something about shorting on non-POMO days after taggin ATH, doesn't it?

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