IBM

IBM had 2 back to back hammer at the top at the last two days and today the low even broke yesterday’s low, so I decided to short IBM.  What a nightmare it turned out to be.  It’s not only frustrating, it’s infuriating.   I’m cursed beyond doubt.

This is the daily charts of markets this morning.  Everything is around .50% down and look ominously bearish.  But I’ve told myself not to short indexes because of the effects of sector rotation.

And my portfolio and indexes are all down for the day, but IBM is defying the markets:

Advertisements
This entry was posted in Jinx, Trades and tagged . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s