Wednesday, April 4, 2018

AEM, Hi-P - Shorting Tech Stocks

Everything started to tumble today and many stocks went way below their support with tremendous amount of selling. The tech stocks had been battered down hard recently and nothing seemed to recover. Shorted Hi-P and AEM with almost $12,000 profits today and both shattered down with heavy selling and tanked profusely with no buyers at all. Covered shorts intraday and made some good profits for the day. I am bearish on the market but I am alert a technical rebound will happen soon. The timing for this rebound is crucial.

Ronald K - Market Psychologist - A Stock Market Opportunist