The purpose of this blog is to provide a unique insight into trends that guide market prices. It is intended to educate and show you characteristics about the stock market, of which, the so called "professionals" have no clue. Traditional technical analysis is almost completely worthless and that is one of the main reasons for the creation of this blog. If you enjoy market analysis and information that you will find nowhere else, this blog is for you!
Thursday, November 14, 2013
covered TSLA short @ $137.68
I'm covering my TSLA short because I want to raise some cash. I am leveraged in the futures and as of right now down on my /ES short. Even though I believe the markets are pushing on a string I want to raise reinforcements. I think TSLA will probably trade down to 120-125 before this decline is over. With my luck it will do it tomorrow. Nonetheless, this stock will probably not trade with the overall market at any given time so even if the markets crater it is more than possible this cult classic will trade higher.
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