Friday, January 22, 2016

Jan 22 - Short squeeze

Looks like I was wrong on pulling longs yesterday and woke to see a very large gap up.  Managed to get in on the small dip in morning long and will hold if we close strongly, i.e. above 190 in SPY.

The NYSE up down volume ratio looks good and the ratio will increase if we close strong

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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...