Today was not a good day for the Schmackster.
I shorted March corn at 274 on Tues. Was stopped out at 278. Blood on the ground.
I shorted again at 278.25, was stopped out at 280. More blood.
I shorted March cotton at 68, and was stopped at 68.55. More blood spilling.
I shorted another cotton at 68.5. It blew through my stop and stopped me out at 69.20. Further spillage.
I shorted sugar on Wed. at 5.61. I am bleeding here, but I have it plugged with a 5.50 put to allow me to ride the wave if it should rise up and take prisoners.
Lotsa blood. I feel weak. Is that my broker calling say I need to send reinforcements??
I am starting an advsiory service...I'll tell you what position I am taking, you take the opposing position...I Guarantee you profits!!!!!!!!!
Thank POP for the words, “The market is more than a day!”