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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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...