One thing I've learned after 15 years of trading ... stocks generally don't do the same exact thing twice,, let alone 3 times...
They can channel .... but the moves IO made were incredibly ridiculous and were blowing my mind ... psyhcologically it sets you up when you think the same thing will happen again ..... seems like at this point to drop back in the LOW 3s would be a "black swan" ,,, kind of once in a lifetime event.
I am sooo kicking my arse for getting out and not re-entering UNTIL TODAY ... however,, in my defense my capabilities are limited being in a cash T +3 ACCOUNT VS. MARGIN .... but hey ... ya live, you learn ...YOU work with what you have and you live to fight another day!!
I'm going to be ready tomorrow if they pull it down to increase my position me thinks.... gotta love it ... go ... insanity !! Insanity prevails!!!
I really need to stop this emotional trading ... KILLING my account !! LMAO!
"Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing."
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