Tuesday, March 29, 2016

Mar 29 - Yellenmania continues

Amazing.  Looks like we are moving out of this consolidation zone into the next level up.   Went short a small amount of TVIX (which is suffering from major contango and will probably fall even if equities go sideways) and took on swing short of NUGT.

Still looking for that 'top' but the market isn't giving it to us yet.

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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...