I pattern trade when the stock gets ahead of itself and I understand the business. I did not short at 21.50, I did not understand why it had moved that far. I also sell puts on large short positions.

I stopped trading JCP in the middle of September when the momentum traders were moving it up. I did not have the cash to short the top.

GE is a disgrace. I do not buy or short companies riddled with crooks who cover for politicians.