14Jan10:09 amEST

Electric Slide Lower; Chess Moves

I just covered half of my TSLA short at $192.22 from my posted entry at $206.55 which can be found here, from last week. The stock is gapping down on some bad news last evening. But I believe it was ripe to come in anyway due to lower oil and previous upside momentum now in danger of going over the other side of the mountain. I moved my cover-stop down to my entry for the rest of the position. As for my other positions, the AAL V shorts look most promising here. Metals and miners seem to still be consolidating, but not giving too much back, overall. The market is trying to bounce as I write this. But I suspect there is still too much complacency out there for us to find a durable bottom, just yet.

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