It's getting difficult to know what to blog about because I have so much to say. With all these positions (into the triple digits, as you know), I am paradoxically tongue-tied.
In spite of that, here's one standout that I'd like to present – Corning. I shorted them a few days ago, and they are down over 7% today. More important, the stock has violated pretty much the final support level propping it up, leaving it vulnerable to a waterfall slide.
As for my day so far – – it was discomfiting coming into the day so radically short – particularly since the ES had laid waste to its lows from yesterday afternoon and was disgustingly higher – – but I pledged that I would strap on my king-sized gonads this quarter, and they have served me well. As of this very moment, I am up 0.46% on the day versus a market which is down 0.25%. That, for me, is gratifying.
