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Based on the graph below, I would simply say:
For a 134 point up day on the Dow, that was actually pretty fun!
Another fruitless effort on my part to combat the notion this is a "Bear Only" blog – here's a stock I've mentioned before as a really beautiful long position – symbol BBEP. I own it.
Opened and closed today; not saying the $RUT isn't going lower, but wanted to bag a quickie. Check it out:
My intent – plainly expressed last week – to use this week as an opportunity to get serious about my short positions has begun. I have, until today, been quite light on the short side. I am in awe of how weak-willed people have become in the face of market strength, but we're all responsible for our own trading, aren't we?
