Quote:
Originally Posted by mact3333
Posted earlier this week that I am seeing a IT top and needed to hedge all my long positions...sold half my BBRY earlier this week and put a stop on rest at break even point...will hold FB and AAPL as I am hedged with short positions.
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Called for IT top a week ago...hope you guys listened...yeah the big picture over the next year is still up but hard to ride out a IT top unless you hedge your longs with short positions.
Divergences showing up weeks ago....sentiment was too high...need a reset.