Wednesday, March 18, 2015
Mar 18 - Decision time
The bullish set up from yesterday failed and went flat on the open. Things could go either way here so waiting for more resolution later in the day. We are probably going to need to see a strong recovery or risk seeing this recent bounce as only a corrective one.
Call buying has come back and very good chance of a pullback here
Probably 2/3 of the options account is in banks. Maybe 1/2 regionals and 1/2 XLF, C, BAC. Expecting another run up in equities into Augus...
Jun 10 - More bullishness but when is the pause/ pullback coming? Currently long C, BAC, DAL, JBLU, MARK, IGT, PYBI, FDXI botched my financials short trade and didn't close them the day after when I was up 70% and ended up taking a 50% hit the next day. F...