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

No comments:

Feb 17 - Large short position now

Very bearish now and looking for a retest of lows in 2-3 weeks.  I have puts in SPY, AAPL, GOOS, and GLD.  Calls in RIG  every major dro...