Wednesday, March 9, 2016

Mar 9 - Still consolidating

My shorts were stopped out at breakeven and once again the market refuses to die.  At close, re-entered longs from a few days ago and now think that 203-204 is a strong possibility.  Bears had every chance to run equities down the last few days but significant selling power isn't appearing yet.

A very good long setup.  Could break out overnight.

No comments:

May 15 - Closed out IWM puts for +120% and picked up DAL and HD Jun calls

I'm going to let the market do its thing this week and probably stay away from new positions until Friday unless something very good pop...