I could probably count on one hand the number of times I've been as lopsidedly short as I am right now. After the action yesterday morning (potentially a key reversal), to stand in there in the afternoon and be a major seller was perhaps one of the ballsiest moves I've ever made. Sure I was uncertain (even taking down some exposure into the close out of fear) but I stuck to what has been working. Stuck to my discipline.
Now, I intend to be paid for my foresight.
Must say- I've talked a lot about the potential for the "shorting opportunity of a lifetime" and (not looking at the indexes but just individual issues) I'd have to say it is more or less right here right now. Technically yesterday afternoon, and I nailed it.
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