Posts Tagged ‘hedges’
Stopping Out Of UNG Very Oversold
The UNG is very oversold right now on an intraday basis, but I’m stopping myself out. Bought FAZ. I’m netshort the $SPX, removed the hedges on it, so more short. Below 919.53 I’m bearish into the 890s.
Long and Strong
The removal of the hedges yesterday was a good move as the NDX and RUT put in nice 2x days. Nearly 4% for the NDX and close to 5% for the RUT. I remain long. VIX broke 40 downwards, and things are looking better. I’m expecting upside. I was this close to buying EXM 7.5 …
