Yes something worked! Being long the RUT. I had cut my NDX portion from Friday, I see I forgot to mention that. Got a little bit back there. Still long the RUT, and might buy the NDX tomorrow if we see the beginnings of a bounce tomorrow morning.

DSX – I dropped the DSX options for around a 36% loss (not sure exactly) which was a good move because DSX was down HARD later in the day and those options got crushed even more. Although it sucked to take the loss, saved some money.

Still have my Feb MDR 65s which are getting hurt today, but MDR had a nice recovery today.

Sold SEED and captured gains around 18%.

Bought BIIB today and sold intraday for around 2%.

Technically the market looks like a turd in a brown paper bag lit on fire, but in the very near term there is going to be a lot of volatility and there will be a bounce. When that bounce reaches a peak, I’ll be getting short. Well I mean if I can time it right that is. Considering my crap timing from November till now, don’t look for greatness there.

This watchlist thing is becoming a pain in the butt to maintain. I actually don’t own any stocks on it. I’ve removed the stocks that I have mentioned in previous posts that should be sold or should come off.

Just remember, there are always stocks that are moving against the move of the indexes.

Thanks for reading

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