Tuesday, March 29, 2016

Mar 29 - Covered SPY short

Covered when SPY was -.35% and seeing that VIX hadn't moved much.  We might have another move down around the Yellen speech but taking profits for now.

As before, still waiting for more confirmation of an intermediate top and need to see more selling volume and VIX spiking.  We haven't seen it yet but seems like we are getting closer.  Also seems like I have been saying that for a while.

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July 11 - GLD sucks

stopped out of GLD yesterday for -25%.  Holding off on reentry and maybe will enter if we drop another level. SPY on the other hand is crus...