Feeding off of pain and euphoria. Find me on Twitter @greenlander1
Tuesday, August 11, 2015
Aug 11 - Closed SPY shorts
I'm not sure what is going to happen here but we got a huge gap down and decided to play it safe and book profits. It was too much to say no to. We 'may' get a gap fill attempt where I would attempt another short. Also possible that this gap fill fails and we trend down all day but we will have to see. If that looks like it will happen, I will take a smaller short position.
We could go either way here and felt risk of gap fill was too high.
There is a possibility of an aborted gap fill ala Jun 29