Just being stealthy
I haven’t been posting here, but it’s only because I’m watching the market through tear and blood soaked eyes. Though my account balance has been less than it is today, it is within a bill or two from it’s bottom, so you aren’t missing much. I’m not sure where the market is headed but I do know that if it’s going down, I need Chitty to get there before OE on the 16th.
The downwards movement today in the market was a good sign for Chitty and GS positions, though it is likely due to my poor timing in entering my positions that I’m not going to profit much from it. There was decent volume in Chitty today (88 million shares) though it was about 11 million short of the average. The NYSE traded over 4 billion shares today with 70% being declining, tha’s a great thing for a bear to see. The VIX ended at 19.73 which is so far south from where it was months ago that it’s almost pathetic, but since it went up nearly 9% today, that’s another good potential sign.
Sign Sign everywhere a sign. Blocking out the scenery breaking my mind.
Any drop is a good drop, right?
End of day positions:
End of day balance:
3 Responses to “Just being stealthy”
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tesla?!?
Nice one John!
“Signs” is a 1970 song that greatly popularized the somewhat unknown Canadian rock group simply dubbed Five Man Electrical Band, who wrote and performed it for their second album, Good-byes and Butterflies. The lyrics explain how our world is filled with simplistic literature and express many difficult situations that the common man experiences.
“Signs” was originally released in 1970 as the B-side to the unsuccessful single “Hello Melinda Goodbye”. Re-released in 1971 on the A-side, “Signs” reached number 3 on the Billboard charts.
The song was famously covered and recorded live by Tesla for their Five Man Acoustical Jam album in 1990, peaking at number 8 on the Pop charts. This cover had some minor changes to the lyrics: the line “blockin’ out the scenery” was changed to “…****in’ up the scenery”, and “made up my own little sign” was changed to “made up my own ****in’ sign” (at the time, profanity was becoming more commonplace in music).
The opening line of the song was sampled by Fatboy Slim for his song “Don’t Let The Man Get You Down”, from his Palookaville album.
interesting