Monday, August 12, 2013

short SPY as of fri close

went short SPY via sept puts after seeing black reversal candle printed on daily chart. Last correction was predated by two black reversal candles. Bollinger bands v tight now so i have less of big upside bullish bias for now

2 comments:

vinniesj said...

very nice call. everyone else is looking for never ending rallies

Greenlander said...

thanks Vinnie. It didnt last long before I rejoined the crowd