Wednesday, October 15, 2014

Oct 15 - Potential intermediate term bottom

If SPY doesn't break down this could be capitulation.  Volume spike per the early year correction and about to print a reversal candle.  Just added tiny amount of more VXX puts mid Nov 33.  Looking for close at 186 to put on bigger position.  If not will hold off.

345pm update: added a big position of XIV at 26.84

No comments: