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Technical Analysis, Momentum Trading — iBankCoin

Another Ugly Day

Wow, stocks got lit up again. My short ETFs are like money printing machines, does [[SKF]] ever go down?

I added another one to my collection today, [[SCC]]. This ETF is my play on specialty retail falling apart. We have a bunch a names reporting this week, and if [[ANF]] is any indication of how the group is preforming, this one could be a huge win.

Reporting this week: [[JCG]], [[AEO]], [[GYMB]], [[MW]], [[ARO]], & [[ZUMZ]]

In my opinion, this group has room to fall further.

I only have a few longs, but they are killing me. I’m thinking about calling up my broker and getting them to disable the buy button from my screen.

Note: Check out DT’s stock of the year.

Busy day today, look for updates tonight… 

2 Responses to “Another Ugly Day”

  1. Gio Says:

    hey rc,
    i’m short ANF. It should have broken that channel by now. Leaders never die fast. But everyone else already has… AEO, UA, GES.

    -gio

  2. mrkcbill Says:

    furry boots v wamu good matchup

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