Entered a mid sized position short of IWM Friday EOD. Very oversold on daily and 60 min time frame and printed black candle over Bollinger. VIX also looking to reverse on Monday. Gold and precious metals continue to slide. I am hoping that the proliferation of breakdown posts over the internet doesn't turn the short trade into a crowded one. There may be too many people 'expecting' a big downslide including myself.
Sunday, November 2, 2014
I am heavily long calls in $C, $BAC, $JPM for late Jun, July, Aug. Mad conviction here.
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...
Jumped back in on the open as it looks like we have a short term trend change. Annoyed it decided to leave without me but worth the chase a...