Friday, March 25, 2016

Mar 25 - The bullish contrarian view

While I am looking for an intermediate term top, I am also looking for potential arguments to the contrary.  A couple of interesting articles on why the crowd, including myself, could be wrong.

http://lplresearch.com/2016/03/24/when-is-overbought-really-another-word-for-bullish-maybe-right-now/

90% OF S&P 500 COMPONENTS ABOVE THEIR 50-DAY MOVING AVERAGE IS ACTUALLY BULLISH



http://www.seeitmarket.com/sp-500-bollinger-bands-squeeze-massive-move-brewing-stocks-15482/2/

lowest percent width bollinger bands stock market instances since 1990 returns

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Aug 25 - Re-entered (again) GLD short, long LVS, AMZN, NFLX, SHAK

I have been stopped out twice in last few weeks trying to short GLD.  I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...