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.

No comments:

Aug 25 - Re-entered (again) GLD short, long LVS, AMZN, NFLX, SHAK

I have been stopped out twice in last few weeks trying to short GLD.  I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...