Tuesday, March 24, 2015

Mar 24 - Continued weakness

Markets not unexpectedly took a mild dip today as many indexes hit resistance Monday.  Remains to be seen how far we go but it hasn't yet looked like a 'threatening' initial downturn because of low volume and range.  VIX looks like it is ready to start moving up again however.  GLD made a small move up and might be ready to retrace a bit based on the weakening candles.

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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...