Thursday, March 31, 2016

Mar 31 - Boring low volume consolidation

The adage goes something like don't short a dull market?  I was looking for a gap down or at least some pick up in volatility but not today.  Very disappointing and I am in 100 % cash again but ready to buy back puts at any time.

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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...