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10/14/2014 – Tesla

Issued: 10/13/2014

Tesla, TSLA:

1. The recent reversal in Tesla indicates a likely test/attempt at $226/$25 (or lower) into the week of Oct. 20 (+/-1 week).

2. Therefore, new short entry is indicated with an initial short position exit at $227 and the remainder held for the possibility of lower prices to be messaged in a subsequent update.

3. Initial protective stop should be placed at $242.20. This stop will be moved lower as the market continues to confirm. Will update.

David Williams

Issued: 10/14/2014

Tesla, TSLA:

1. In yesterday’s (Mon. Oct. 13th) report new short positions were indicated in Tesla at approximately $231 for an expected decline to $226/$25 (or lower) into the week of Oct. 20 (+/-1 week).

2. Tesla immediately declined and completed the $226/$25 (and lower) downside target. This completes the trade. Lower prices remain possible for those who may be holding remaining short positions

David Williams

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.