MKT out ~12.80 same price, Great entry, bad market. I'm not holding it in this market. illiquid too, amazing i got out
contrary to what looks like a continous round of stopouts my skills have improved tremondously this past 2 months. basically i'm charting out the working patterns and the non-working ones, stoppng most of them out but remmeber what works and what doesn't, Even improving my shorting game, as seen on AAPL 272 top trade. Shit is going down this year, I'm going to be turning this game up huge.
bought TCK 29.58 , bought BP 29.36 a) Looking to add on monday when price improves. medium position on this. , if price improves -> add another medium position for a semi large position. b) No hedge on S&P500 Downrisk should be "low" (probably need more testing) c) The entry point is decent for both. d) Looking for overnight risk premium on BP
1. Contrary to public belief, I don't believe the sky is falling, Its been falling every year, Nothing has happened, other then price of equity going up and down. 2. USD topping, I want to be out of it, if USD inflates, I want to be in assets. 3. Either way being in USD is a bet. Just like being in BP is. 4. Entering in a Value Investing / Timing strategy now. Notice: BP and TECK both have high EPS's
I like eating risk premium http://uk.finance.yahoo.com/echarts...=on;ohlcvalues=0;logscale=on;source=undefined
http://www.google.com/finance?q=lon:bp <b> 9% in 2 days talk about "impeccable" timing + 0 risk. </b> =========== teck on the other hand was an absolute diaster, i think i missed the gap down 3 days ago (very bearish price action), mistakes mistakes.. will be made. Luckily we should be in the profit. Plan of action: TCK: sell first thing in the morning (i would have sold yesterday, if the market was open) BP: sell first thing in the morning as well and keep 20% shares.