POT and BIDU sitting on their SMA 50

[Goods]

POT and BIDU had brutal drops today which closed out just under their respective SMA 50 lines.

Textbook shorts would tell you to wait and see which way it goes, wait for the return back to the support or resistance lines and make a low risk trade from there.

BIDU scares the hell out of me with how fast it moves but POT's been good to me. On the watch list for tomorrow.

[legion3pm]

hey GOODS did you get into POT here?

[Goods]

Never touch the stuff

Actually, I was trudging away at the day job and unforunately missed the very juicy pop the past two days. BIDU too, 70 points! Too skittish to buy and hold anything overnight the past few weeks. Held an ETFC short from last night and had to cover with a loss premarket this morning before it got ugly.