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Trader: ‘I Am Paring Back Some Of My Bearishness This Morning’
By Kevin Muir of “The Macro Tourist” fame; reposted here with permission
Chatting with my good trading buddy Patrick Ceresna of MacroVoices and BigPictureTrading fame yesterday and he said to me, “what’s with this crap (ok, he didn’t use the word crap, but let’s pretend) with you being so negative? I am supposed to be the bearish one.”
It made me laugh, and I started to worry that I might be overstaying my welcome on the dark side.
Although I love my good friends at Mark
TVIX rallied approx 233% from approx 25.75 on Oct 2nd to 59.90 today…I know, I know…that Fib stuff is just hocus pocus…just say’n it might be time to hibernate
Look at IIN and SMLR.