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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: da_spot who wrote (18545)4/11/2024 11:56:27 AM
From: Sun Tzu2 Recommendations

Recommended By
da_spot
sixty2nds

  Read Replies (1) | Respond to of 26406
 
I appreciate your thoughts and you may very well be right.
The catalyst for the reversal seems to be the bullish TSM report.

I will close my NVDA short position on Monday if it doesn't look any better.
My short position is still in money because I started early, though sadly much of the gains are gone.

PS Being brave is not a virtue in trading. Success relies on being the right kind of paranoid schizophrenic ;)



To: da_spot who wrote (18545)4/17/2024 6:51:41 PM
From: Sun Tzu2 Recommendations

Recommended By
Cogito Ergo Sum
Return to Sender

  Read Replies (2) | Respond to of 26406
 
You are the 2nd person to call me brave.
As I told the other person, a lion's heart and a donkey's brain are often indistinguishable and I am not sure which one I have <ggg>.

NVDA has now registered 4 weekly red candles. TSM reports tomorrow at 6am. Depending on how that goes, NVDA will either land ~810 - 820, or my stoplosses will be triggered and I will be out.



Of my 6 major shorts, LABD, SOXS, SRTY, SOXS, TSLZ, and NVD, NVD is the one with the smallest profit. So I have my fingers crossed for tomorrow.

Here are 4 of my top 6 positions and how they have done so far. I will let you in on NVDA should it still be held into next week.