I spent my two hours last night more productively.
Imagine the Smell!
Black/White Relations
Reasons for Dread
……for the bears, I mean!
Principally, it is that many mega-assets are so battered. Take, for instance, the likes of IBM:
Taze This, Buddy!
I covered my AXON short a few minutes after the close yesterday in the face of their explosively-positive earnings report. That left a scar, but I got out way cheaper than if I had just stayed put. Today I seek my vengeance. It isn’t a big position, but I have re-shorted AXON with a stop at 557. My entry price was 525.
