12Feb12:12 pmEST

Be the Predator, Not the Prey

One of the reasons I have been so quick to trim winners into strength and to abandon losers in this market is the amount of whipsaws we have seen, with gaps in both directions across all markets and head-fakes galore. 

With this in mind, I sold the rest of my UGAZ long yesterday to lock in a big, 20%-plus win in two days. 

After the gap down this morning, UNG gap-filled to yesterday. 

In order for me to to consider another entry into UGAZ, I would need to see UNG hold $13.73 and push up and off of it. 

Below there, and I am hands-off entirely until the next trade sets up. 

Here's to Your Health! Follow-Up on Tesla

 
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