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Stock Market Indicators, Index Trading

GBT: Still Terrible

A few days ago I wrote this article on why Advanced Battery sucks a sea-borne shit.

Here, it has bounced a dollar as predicted, and I would sell it now, nine ways to Sunday. I would also short it here to be honest, at least back to where it was a few days ago, a dollar lower. I don’t really have lotto fever, though at this point, it is decidedly “overbought.”

Actually fuck it, I’m short for 800 at $4.35, we’ll see what happens. I’ll put a stop at $4.65, though I don’t think it will get above $4.45.

UPDATE: I assumed the trade went through, but apparently no, Schwab is “out,” so I’ll do a ghost runner short with the same parameters.

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