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To: The Ox who wrote (3637)	8/21/2014 10:53:46 AM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 8288

Shorted TSLA this morn. Small position at 3% of PF approx. Weak relative to market of late, valuation, high flyers in general look to be topping out (BBH near a double top on daily) and bear flag forming on 2hr chart past few days in TSLA. Stop could be at 261, but will probably do a mental stop. Think even if we get a pop ST off Jackson hole upside should be limited to around 2000 on SPX ST. May take as little as 240-230 on TSLA or scale out and try to ride lower. 200 look doable on the daily. You also have MACD divergences on 2hr, daily and weekly charts.