11.15 a.m Looks like the spike we had been expecting finally arrived. But we already bailed out on our long calls a couple of days ago, Bah!! so much for knowing about cycles etc. Most of the game is execution, patience and discipline rather than clairvoyance. More importantly, this turn date is looking like a cycle high => cycle low into Apr 24th turndate. Added a small short index short ETF position here. Stop is HOD.
6:00 AH Looks like we got stopped out @ 3.00 or so for a small loss. But I loaded small amount of SDS AH.
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Thanks for sharing info. Bought SRS, SKF, FAZ at the close. Hoping for SPY to go beloe 80 next week. Had some SPY APR 90 puts. Closed all my Bank positions, some for loss. Will accumulate more when SPY goes below 80.
-- sastocks
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