But never seen such complacency and blindness. I get a lot of thumbs down and insults yet it makes money and is right.
Deductively that means you do not like money and wish to lose, then you would give thumbs up? Odd. Just trying to help. I put my money where my mouth is. Stop reading the non-sense press releases and open your eyes as to what is going on. I HATE watching other lose money.
I am usually in and out of positions fairly quickly but the APA short has been with me for a while. There is little to worry about as to where this is headed.
Hehehe if it goes higher Antigua I will let you know if I short more. Seems like a wonderful bet now the higher the market goes. Kind of like a rollercoaster getting ready for its run.
We all know where the coaster ends at the end of the ride. I would short another 1000 at $77 and each dollar higher. Break even is now above $85 so I could live with that.
Leadership is sometimes confused as arrogance to the uninformed or uneducated. It is not your fault. I do not gamble my friend. I only make money. I will never forget the day when I turned someone's money down. That was a wonderful day. The person that is attached to the money must be equally as educated or its plain trouble.
Point in case are all you buyers thinking APA "might" go up. That is clearly not the direction of fact. Hope and dreams maybe. But that is not how you make money in this game.
As for losing my shirt, I am going to get fitted for some new ones today! I assure you I will not be losing any.
I agree, there is little to worry where this is headed...up. Haven't you noticed the relative strength of this stock lately? The selling is under control and usually dries up in afternoon. It appears to be carving out a bull flag. We still haven't touch 1576 on S&P, plus there is a high chance we go through it anyway with such a strong bid in the market. At some point, they run up the laggards too. I don't see the market topping til June. Any day now, APA could announce asset sale or positive news out of Egypt or nat gas running higher, take your pick, and you wanna be short? This thing wants back to $83-84.