Tuesday, September 23, 2014

Sept 23 - Bearish recap

Looks like I exited the SPY puts too early.  Went long QQQ 97 Sept 26 calls at a very small position at 2.02 right at close then the market dumped about .20% to sink lower.

Entered because (and this is around 3:58 pm) volume had decreased noticeably from yesterday and had a hollow reversal candle right above lower Bollinger but now going to hold a much tighter leash here because the charts look a bit ugly.

No comments:

July 11 - GLD sucks

stopped out of GLD yesterday for -25%.  Holding off on reentry and maybe will enter if we drop another level. SPY on the other hand is crus...