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Appendage Alert


You are such a wuss Toddo!


This is the forth straight day that the market has taken it on the chin and discipline dictates removing a leg from the metaphorical bear costume. Naturally, my issue is one of timing (trade for the day vs. trade for a thesis) as the Razor Burn thesis is still very much in play. If I were writing on Monday I'd probably have an extra arm to remove-but if wishes were knishes I'd be 20 lbs heavier! No looking back, Toddo!

Discipline is discipline and, while I still want to 'trade around' a short thesis, I'm gonna remove an appendage and hop around with one leg in my metaphorical bear costume (25% conviction on the short side). I want to see how S&P 900 and NDX 1050 "trades."

So you know.

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