Thursday, January 21, 2016

Jan 21 - Trimmed longs, market looks a bit unclear

SPY just got rejected by the 30 min trendline.  I could be overreacting here but going to protect gains until I see more robust buying power.

USO looks interesting and if it stays strong, it will help the underlying market.

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July 11 - GLD sucks

stopped out of GLD yesterday for -25%.  Holding off on reentry and maybe will enter if we drop another level. SPY on the other hand is crus...