I'm gonna be shorting tons of things toward the close. I think 389-390 will be the peak; even if it isn't, I expect rallies above it to be short-lived and only go above negligibly, if at all. There is a massive safety net with this trade... I think the risk:reward short at and around these levels is among the best I've seen in a long time. I've posted all my short ideas on my account, check them out. I have yet to short a single stock to this point, so you can ignore the paper entries I have drawn out; I am going to enter the names I posted short regardless of where they are at. I think everything goes lower through November.
Best of luck everybody, and I'll simply let my positions work & likely won't be posting too much over the next few weeks.
Best of luck everybody, and I'll simply let my positions work & likely won't be posting too much over the next few weeks.