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Being long the RUT. Today the indexes dropped on lite volume, but aggressively ans suspiciously sold off near the close. I said last week that weakness this week should be bought. The Fed meets next Tuesday and we will get a decision on interest rates. I sold half my index long position today because I …

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The market not holding its opening prices. It wasn’t surprising though. I saw either scenario as playable today so now the possibility of a weak open Monday becomes a buying opportunity. The thing that sucks is that the RUT sold off from its 10:45 pricing while the SPX pretty much held onto its morning gains …

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Forcing trades. Its definitely not a time to be experimenting. Here is what I was looking at today for the RUT/IWM calls. There are a couple of spots I didn’t put on the chart where I could’ve gotten out with those 13/14% gains. That first buy on the green hammer (I bought when it was …

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Being long. I cashed out my index long today with a big loss for the week. Its in the neighborhood of +10%. I’m still up in the neighborhood of 20% for the year in my index trading accounts. Drawdowns suck no matter what, but when I take a look at where the major indexes are …

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Being long. I held my index longs overnight from yesterday thinking maybe CSCO would help out. When CSCO reported they basically took the biggest dump in several years. I think 12% drop over 2 days – 9% or so today. I had CSCO calls as well that are basically worthless now. So that sucked too. …

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