Wednesday, September 17, 2014

Sept 17 - Weds morn update

30 min chart issued sell signal but it could be a temporary one considering yesterday's action.  Barring unexpected news from Fed, looking for long entry around 1/3 retracement around 200.0 in SPY.  I might set some lower buys around 199.6-199.8 to catch any post announcement trashing if it happens.

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May 15 - Closed out IWM puts for +120% and picked up DAL and HD Jun calls

I'm going to let the market do its thing this week and probably stay away from new positions until Friday unless something very good pop...