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.

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...