Shorts Crushed….Again! #SassyMusings 7/1/14

  • This will be one of my worst posts, but it already feels like the holiday started.
  • Bottom line, overbought or not things are still moving and I think if we keep going higher it won’t be so great for the market, but if we just consolidate sideways then really no reason to short just yet.
  • Once again sent this tweet out over the weekend: Screen Shot 2014-06-30 at 2.13.01 PM
  • If you missed the moves basically since the end of spring then it’s a total bummer. Only suggestion I would have is follow people that have been on the right side as many people give lots of free stuff on twitter and keep working on it. It’s a hard game and we all get it wrong at times.
  • If you didn’t miss it, good job!
  • I don’t even feel like going into all the stock movement today cause I’m tired and want to go watch the game. If you want to see some of the ones I’ve been in then go back to some of my SassyMusings cause I write about some of them.
  • Lot’s of people were looking to short today when highs were reached. They may be right I have no idea, but if everyone is shorting that area, then maybe it’s not the greatest plan. Guess we shall find out. I personally had no interest in shorting as we could just grind sideways.
  • Yes it’s possible for this to end at any time and eventually it will, but why play the prediction game and miss out the awesome gains recently?
  • Chart of the day: And look where we got :-). Yes I know “double top” right? Screen Shot 2014-07-01 at 4.00.31 PM
  • Tweet of the day: none
  • Regret of the day: none

Go USA!

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