Tuesday, March 17, 2015

Mar 17 - Digesting gains

So far things look fairly constructive, the high risk assets like small caps and tech are showing strength and looks like we are basing here for another move up.  VIX although gapped up, is also weakening, potentially printing a black candle which would be a positive.  Will need to see what happens towards close but was enough for me to reload QQQ with expectation of further upside.  If things turn down end of day, I will lighten up like I did yesterday at close.  More to be posted later.

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July 11 - GLD sucks

stopped out of GLD yesterday for -25%.  Holding off on reentry and maybe will enter if we drop another level. SPY on the other hand is crus...