Monday, August 24, 2015

Aug 24 - Not long yet

If VXX prints a reversal candle along with all the other indexes, I will take a take at longs at close.  The recent pattern has been to see equities slide down so unless we see a reversal, it might not be still safe to go long.  So far the promising midday setup is evaporating.  Is the plunge protection team going to arrive?

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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...