I don't care if an analysts set a $65 one year target...it has gone up wayyyy to fast, from $35-$58.81 in 5 days. Nice play if you were long but don't get greedy and think everyday will be like today because it wont. I've been burnt with that mentality. I would short to about $42-46 and then load up again long. I currently dont have a position but will go short tomorrow after Fed meeting.
Making an announcement like that is already kind of stupid. Plus you said you had been burned before, making you more stupid if you just go short tomorrow. You should short a stock on its way down but not on its way up, especially up like this. How do you know if won't go up another 10 points? I agree it won't go up forever like this but you just can't time it. Old saying is not to catching a falling knife. You might want to think of this "Don't block a launching rocket with your house". Your shorting might just add fuel to the rocket.
I don't think it will get that low, but I hope you are right. I was waiting for a pullback to 50 early this morning but it never happened. I would load up at 50 for the ride to 75. I would think the drop would come before the fed meeting not after.