Sell Stop:(TNDM), More Stupid Shorting

As I said in my previous post, I've been moving my stops up and today I stopped out of (TNDM) for a 2.5% gain. This was a great looking stock and I love the chart, I only tightened up the stops in recognition of the quick distribution day after the follow through day.

I also mentioned that I outsmarted myself and tried to short the market with the (SDS), which is an ultra-short ETF that trades at twice the inverse of the S&P 500. I managed to lose 6% on this trade. I really have no business trying to short the market, but as we'll see in my next post, I hadn't yet learned my lesson.

-Geoff