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.

No comments:

Feb 17 - Large short position now

Very bearish now and looking for a retest of lows in 2-3 weeks.  I have puts in SPY, AAPL, GOOS, and GLD.  Calls in RIG  every major dro...