What is Your Strategy Going into Next InventoryWell here is my strat. I played the D side going into inventory January 29 , 11:30 am and then sold all my position less than 2 minutes later. In hind sight i guess some would say i was not greedy enough and got out too early. I'm ok with that .
I now have only cash and no U or D. So i'm going to wait it out or possibly play U for a very brief day or two . In reality i'm only waiting for the chance for D to give me a decent entry point. If i do get that chance i will then be D going into this coming inventory on Thursday.
From there on in i do not see myself exiting D in a hurry no matter what happens. That being said I fully expect this coming inventory draw to be light with no chance of this draw taking down last years draw of 262.
This chart says it all. Can you see U pulling it out from here in the next few weeks ? Obviously judging from what i have to say in the above i have a hard time justifying the thought. Perhaps as we move a few more months down the road the tide will change ?
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