Monday, August 24, 2015

Aug 24 - Long SSO, XIV

Took a small position at close based on the candles and capitulative volume.  Down volume ratio was over 40, something we haven't seen since 2011.  Even if we bounce here, I would anticipate retest of lows not too far away.

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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...