Trade Idea Video: FRP

Late last week I had mentioned that certain concepts just seemed easier to show with video, I went out and got some new and updated software and some hardware that I'm really kind of testing, but in doing so, the first chart that was open when I opened my charting program looked like a great short set up and it's really the gist of the whole reason we've been looking for this move up in the market out of the accumulation from the range from the previous 2 weeks (approx.), there are a lot of great looking shorts that aren't quite there and they need the market's he;lp to get them there, FRP is a perfect example of that and why I said this rally or strong move is really a gift as far as setting up the important core short positions.

So here's the video, I didn't edit it and was kind of learning and relearning some things as I went in the making of it and the new hardware so hopefully that's not too much of a distraction. Please send me your feedback on the video and the position if you like it.

I'll be covering the market a little later as futures seem to be way up on the withdraw of Larry Summers from the running for the new F_E_D chair to replace Bernie, the reason the market likes that is because Summers was seen as a hawk and the market that is addicted to QE would much prefer a dove, not that I think it matters because even the doves are now saying it's time to end QE, normalize the F_E_D's balance sheet and finally, RAISE RATES which is what the market REALLY fears.

In any case, this is what a stock like FRP needs as well a hundreds of others.

This is through YouTube.

Here's the direct link