There is only one new short position for Thursday and at the rat this market is going I am not sure it is a smart short. Still the pattern is extremely weak and the breakout with strong nasty BOP and volume is enough to give me a shot at possibly making some money on the short side just in case the run on the long side is done. You never know anything in this stock market anymore. Anything can hapen and that is how I approach every day as I invest. Great luck and aloha!
new short position: VAR
VAR is breaking down from the 50 day moving average, putting in a nasty intraday session, closing near the LOD, on extremely strong volume with BOP going from yellow to red. Cut your final loss with a close above the 50 day moving average, if the stock does not move lower immediately.
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