Monday, June 27, 2016

Jun 27 - Pulled off shorts at close but will re-short bounces

VIX and volume dropped today and to me flashed a caution signal for those short.  I once again exited positions and am flat waiting for a potential bounce which could be sharp.  After that, I am favoring more downside.

1 comment:

Geet Khare said...

Two of 173 stocks in the futures & options segment are in the ban period as the market-wide position limits have crossed the 95 percent mark.

Aug 25 - Re-entered (again) GLD short, long LVS, AMZN, NFLX, SHAK

I have been stopped out twice in last few weeks trying to short GLD.  I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...