Friday, August 21, 2015

Aug 21 - Not biting on longs yet

As interesting and oversold things are, I am not biting yet and waiting for some signs of stabilization, namely a decrease in SPY daily volume.  At most, will take a small long near close.

VIX near a point where we have seen reversals the past 2 years but we could be starting something new.



2 comments:

smoothy said...

I'm going in small...QQQ and XIV

Greenlander said...

Went small SSO XIV at close

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...