Just keeping ya honest!

I do realize you are writing for fun, which is my I enjoy it so much. I figured you for the kind of smart guy that is always willing to question himself in order to maintain objectivity, which you do.

Keep killing the market.

It doesn’t seem like there are very many buyers left. I will be shocked if we don’t get a big whoosh down soon.

Matt

I use the STEM models at SentimenTrader.com. A lot of pros use the site. The models aren’t magical, but are very good for choosing entry- and exit points for your trades.

Matt

Oil finished flat, but stocks took yet another beating. I don’t think a drop in oil can save stocks at this point.

It was a rather weak short-squeeze though, right? Aside from big funds marking up energy stocks for quarter-end, it doesn’t look like there were many other buyers…

Matt

I might be over-confident, however that’s a difficult thing to calibrate. While trading, I always choose my entry points with a short-term oscillator, so I am like Spock in that regard. I am very good at selling strength and buying weakness, though it took me decades to learn how to do it!

I realize that this post was rather bold, but keep in mind that I write mostly for the fun of it, and enjoy using an over-the-top style. The market did manage a bounce this morning, and if late-coming shorts held on like I recommended, they had a good day.

Glad you like the blog,
Matt

Looks like Matt’s predicted short squeeze has arrived.

Which oscillator do you use?

Good luck on the shorts!

WTF

Stocks unlikely to rally worth a damn until oil at takes a breather.

Great blog, read it every day. You have made many great calls recently. This post highlights the only thing that concerns me, your confidence.

Are you overconfident? Does this emotion come into play when you are trading?