Got Lucky

I shorted DRYS and GNK for about five points in total. I covered near the lows. That never happens to me. But I will take it all day long. They are so washed out I will stay away from these names on the short side until they can rally a bit. Some names that look good here:

MRK- I’d buy around 67.75
CREE- I’d buy around 27.5-28
GILD- right here

Good luck tomorrow and use tight stops-this whole shindig can turn on a dime-either way!

Previous Post
Next Post
DRYS-the gift that keeps on giving if your short

Recent Articles