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Dollar?s dramatic decline comes out of your wallet


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Attn: Short-Only HedgeHogs.

 

Please stop it with the shorting and trying to pick tops on the IBD Screamers.

 

Here's another Top 100 wildly gapping up another $3 in the Pre-Market.

 

EASI now up $4.62!!

 

Unbelievable.

TASR seems to be a sweet trader... but I wouldn't even try to short it long term.

 

It's headed to 100, IMO. Fumble mgrs. all over it for the year end print.

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Could be a bad afternoon on the bond markets.

This assumes that the yield curve should remain the same shape in the face of a tightening.

 

I see not fundamental reason whatsoever why that should be the case, in fact I would argue that a rate hike should be supportive at the longer end.

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Attn:  Short-Only HedgeHogs.

 

Please stop it with the shorting and trying to pick tops on the IBD Screamers.

 

Here's another Top 100 wildly gapping up another $3 in the Pre-Market.

 

EASI now up $4.62!!

 

Unbelievable.

Thanks Mark, I'll tell the traders at my firm to cut it out. :grin:

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wndy: However it only takes a couple of hours to wipe out months of gains in that momentum crap. Funny , does peoples momentum daily ever mention that? You are aware that billy oneal mutual fund blew up in the '70s?

Billy O'Neil had a mutual fund that failed?

 

That's funny!! No wonder!! He's always chasing all the parabolic wonders.

 

Regarding TASR, how much heat will shorts have to take before it collapses? $100? $150?

 

What if it HeatMaps up to $400 like QCOM did?

 

I was looking at TASR at $69, the "magic number". Attempted to short it, but got that infamous message: "No Shares Available"

 

Then I said forget it......

 

I like to short these mo-mo screamers for sport occasionally. But after getting stopped out on over 72 short trades the last 6 months, I said forget it...

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