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Social Clubs / Bong Resin


Subject:  Re: Trading Diary Date:  4/13/2013  10:48 AM
Author:  patchdodd Number:  210 of 218

Pretty crappy week.

Got shaken out of my LXK short which ended up with a V top. Will probably re-enter on Monday. I still like the setup. NFLX blew up on some nonsense social media chatter and I lost 75% of my gain. Will look to exit the position in advance of earnings but may pick up a cheap put. Could see it going either was on earnings.

Obviously metals are dying. Glad I didn't follow my TA master and trade long.

GME still making new highs. This should set up for a beautiful short when it turns over.

ASTX with new highs on four consecutive trading days. Narrowing ranges indicates it is getting toppy however RSI still increasing. This should also be a nice short although I am a little leery of shorting biotechs. I guess buying a couple of calls to hedge a short would be prudent.
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