im getting short a bunch of names today. its so fuc*ing hard selling into this strength but it has to be done. s&p up 43 points right now. IM SELLING SHORT EVERYTHING. im closing my eyes and doing it. i hope i'll be rewarded when people wake up and realize our problems are not over. fighting the market is no fun here, but i believe i'll be rewarded for it. fridays number will tell me whether to get out or add...
It's the same as when you go long and feel like puking and the doom and gloom is ther and market is beat up to a pulp. It pays off when the market rallies like this today. I unfortunately dumped my long positions a bit early and was afraid to get greedy. So I missed out on the motherload payoff today... Going long here at eod +400 is like buying at the top of a pozi scheme.