Monday, January 4, 2016

Jan 4 - Equities still holding on the lower end of range

The last minute ramp saved multiple indexes from closing below their respective ranges.  I still remain longer term bearish and today's action was not pretty but the chances of a bounce back into the consolidation range are not low.




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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...