19Feb10:05 amEST
Scaling Some Fast Gains; Chess Moves
I sold half of my ERY long here at $19.16 from the $18.15 entry I noted yesterday in this blog post.
I raised my stop-loss to my entry price for the other half of the position.
Crude oil and energy stocks are getting hit this morning, which is obviously helping the triple-short bearish ETF in ERY. They are still in downtrends, which means ERY has a chance to be an even bigger winner if this is a fresh leg lower in energy stocks. But I am still going to protect fast, hard-fought gains when I acquire them.
Stock Market Recap 02/18/15 ... Locking in Some More Natty; ...