I am scared by what may happen this evening. I am short all my portfolio on RIMM and they are about to announce after market cloe their results for this quarter.
By tomorrow I could be a lot poorer or a lot richer on paper. But all my indicators tell me I am right to be shorton the market. The question is , ´have I picked the right stock to short?´
Whatever happens I will remember to let the feeling of success affect me more than any feeling of failure. I am becoming less and less addicted to the adrenaline of a failure.
RIMM has tanked fifteen per cent. I am successful. I am in the money. Despite NASDAQ going up last week RIMM went down. I have had a great week. I want the adrenaline buzz of this success to last and last and last. I love it. I am becoming addicted to success. I want more success. I want to short it again and again. If Nasdaq dips down below the fifty day moving average again. I will double up my bet and short RIMM again for six weeks. If Nasdaq rises I will go long Sandisk for half of my portfolio and find when its next quarterly results are going to be announced. I know they are going to be spectacullar. In fact I will buy ten November call contracts now to make that gamble. I will then hold the shares when I exercise my options.
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