Mid day Apr 2 update

As noted earlier, any sign of strength above 823 we are a buyer, we bought today around 830, calls on SPY 84, letting them ride on with a trailing stop.

Addendum:
1. What the SPY accomplished today is to sneak its head over 833, the 20week MA and this is the first time since Jun last year. If and when we get a weekly trend confirmation (i.e. 5 Weekly MA > 20 Weekly MA), we could actually see a run upto the 200d or even the 50 Weekly MA (currently around 1100), could well be the summer of joy.

2. Stopped out at SPY 840 today.