13Mar11:07 amEST

This Trade is a Contender Now; Chess Moves

I just went short AXP at $80.07 with a cover-stop over $84 on a daily closing basis.

This position equates to roughly 4% of my portfolio capital.

AmEx is a name I have charted extensively as a bearish confirmed top for a while now. And after a snapback rally I am simply playing for that top to continue to force the issue lower. 

I will present the chart in a bit. 

Current holdings: Long GOGO, Short AXP, Short GOOGL, Short LVS, Short TSLA, Short UAL. 


Stock Market Recap 03/12/15 ... Jumping to the Other Side

 
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