Part of the process of back and filling. If it goes back up in a straight line the market won’t be able to fuck over the little guy. The market’s job is to fuck someone over such as joe the plumber and this back and forth movement is going to make anyone trying to hold [...]

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Lets start out with the Ugly.
- Dow down 800 points at the lows of the day.
- New lows vs New highs were extremely lopsided
- VIX, VXN both made new highs.
Now the Bad.
- We didn’t see capitulatory volume.
- Market rallied way off its lows.
- I had to eat 8% loss in the NDX and 7.4% loss [...]

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As I’ve already posted that I’m long heavily. It is therapeutic to talk your book. Everyone does it because everyone is typically nervous about being wrong to some degree. During these times those feelings are heightened a smidge. A gap down open is what I need and what I want to see. It spells temporary [...]

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I decided to put an index short on at the close in both the RUT and NDX. I’m looking for an extra volatile day tomorrow starting with, hopefully, a gap open lower and then a move lower after that. However, by the end of the day maybe a hammer candlestick. As long as I get [...]

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However, Rydex was unreachable for me and alas I couldn’t go short. I wanted to short the SPX. Boo hoo. Maybe there will be a gap up open that will allow me to short the ass out of it? I want this market to have no ass.
The market has reversed on every big day for [...]

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A little gap up across all indexes this morning. Wish it was a larger gap up though as it would be an easier trade to make by going short. I’m going to sell my long though, not sure I want to try shorting yet so soon. If we get another reversal day to the downside, [...]

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There is some serious volatility happening due to quad witching. I’m getting burnt on the KWK posiiton which I just cut for a 5.3% loss. Two days of trying to trade it equaled two losses.
SRS also filling its recent gap down to 92, but I’m hanging on.
Short in the indexes and getting hit today on [...]

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Not being short. I sold my index fund shorts yesterday at the close. That saved me another 1%+ loss.
The stocks are absolutely ripping. I don’t normally post these type of graphs, but it was a good day.

This portfolio is up over 10%. SVA is up 37% in this basket and 40% up in another.
NDAQ - [...]

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Took the 5% gain in the overnight NOV trade. NOV doesn’t move alot on a daily basis so the gap upwas good for me. Its not overbought, but with time decay on the options I don’t want to be around if NOV fills its gap. However, it does look like a little bullish island reversal.
5% [...]

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This was just a test and a day trade. Made 1.5% on the MRVL triple up position, but I cut it back to normal size just now after going on a walk and coming back to a big negative money flow. People are probably shorting the gap.

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