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The best thing I ever did in the last 3 days was not panic out of my short thesis. I kept the 2x NDX/RUT shorts from yesterday (heavy 100%) collecting 6% in each index. Haven’t seen a move like this in quite awhile. I was also long EWZ puts, long POT puts, long EPV, long …

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WTF is with this market. The minute there is a potential 2 day move they rip the other way. Not just a doji, maybe a hammer, maybe some lame weak fizzle, no they rip the face off the very next day. That is what happened to me today. Mostly in my KGC calls and FXI …

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First what I did today was cover my shorts from yesterday real fast. If the market was not going to go down today it had to bounce the way it did. It just happens this way and I move on. I trimmed some gold exposure cutting my gains in my AU calls by half. However, …

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Had a 30% index short, bumped it to 100% short this morning. Closed it completely today at the close because I really don’t have a good edge right now and wanted to trim risk. I was long FAZ coming in and sold it for a gain premarket. Then went back into premarket 2cents higher, then …

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For the past 3 days now I’ve been playing the overbought condition of the market. Yesterday was my chance to get out, but I pressed it. I got into SPY and IWM puts as well as TZA. I wish I didn’t. Losses in all of that. Never had a signal to do it on an …

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