Friday, February 5, 2016

Feb 5 - More weakness in equities, QQQ now below bear flag

I readded my previous SPY shorts and got stopped out of LABU this morning.  Depending on whether QQQ and SPY close below the current trendline, I will either lighten up or add to short positions.

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May 15 - Closed out IWM puts for +120% and picked up DAL and HD Jun calls

I'm going to let the market do its thing this week and probably stay away from new positions until Friday unless something very good pop...