False Start For Bulls Ends In Sharp Reversal
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God, this market is annoying. Seriously.
The bulls pushed, and pushed, and pushed things higher, zipping things into the green briefly after the open. What pisses me off is that I actually got stopped out of a few positions – XOP, COP, MTDR – and then, as God intended, everything puked.
Just to keep bitching……….even though almost all my positions were intact, I continue to look at what I called my Tahiti portfolio, which is basically my portfolio with NO ACTIVITY (that is, no stops, no new positions, just totally static) beginning two weekends ago. Putting this another way, spending the past ten days watching something else would have been MUCH more profitable for me than actually trying to manage things.
Sheesh!
As for gold, our hero, it’s doing GREAT:
As for Bitcoin, Michael Saylor’s obsession, it’s sucking out loud – – again, as God intended.
In any case, a very tumultuous day so far, and extra challenging for me on one tiny laptop as opposed to being surrounded by literally 20 charts, but at least I’m not crammed into a plane seat!
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