Wednesday, February 24, 2016

Feb 24 - Potential for a move beyond consolidation

Strong move and re-entered SPY longs when it became evident price was going to move up beyond the opening gap.  We have a retrace back into consolidation tomorrow but might just break out.  Bears dropped the ball today.  Volume was strong today relatively speaking.

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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...