Thursday, January 8, 2015

Jan 8 - Big follow through

Strong gap up and solid follow through today.  The up/down volume ratio confirmed and it is looking likely we retest highs.  The strong up volume spikes on the daily usually mark reversals.  Conversely, the lack of big selling volume ratio on this downturn was apparent unlike the previous 2 downturns.

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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...