Monday, April 6, 2015

Apr 6 - Bulls storm back

Sorry for not posting charts but I'm in a small pueblo near Macchu Picchu and unfortunately only have a weak internet connection.  I am currently in a small position of NUGT short because of a large black reversal candle in gold.  I will probably sell EOD tomorrow if things look right. after selling NUGT on a position taken two days ago.

The indexes made an impressive recovery and if we continue to consolidate we could be  looking at all time highs this month.  Thar said I am going to hold off on taking an index position until things settle more.

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Aug 25 - Re-entered (again) GLD short, long LVS, AMZN, NFLX, SHAK

I have been stopped out twice in last few weeks trying to short GLD.  I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...