Monday, March 9, 2015

Mar 9 - Bulls not dead yet

Not unexpectedly, we are spiking back up.  Defensives are leading but it was enough to stop out my short positions at 107.7 in QQQ and VXX.   Will reassess how things look EOD - if the bounce stalls out its possible that I reenter where I was stopped out but if we recover more than 50% of the drop I will probably stay out. Going to post more later

Update 2pm:  QQQ shorts refilled at 107.7

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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...