Well so much for my big sell off! Just goes to show how hard it is to time the stock market, especially this one. I am still bearish, but I have a couple new scenarios lined up in this week’s video. After the Iranian elections this week, N. Korea posturing up, triple witching and housing news coming out Tuesday, we should see some huge moves this week. Especially after the complete lack of movement we have been seeing for 10 straight days. On to this weeks calendar and the new video. Please for you to enjoy.
Thanks to briefing.com.
90% today on the spiders, held puts over the weekend. It has been a long while since I had a trade like that.
Cash21
Note to let you know you have a new addition to your blog/videos. I came across your blog for the first time this eve. Good stuff. You were right on about today’s (Monday’s) market action. Fell we did with GS never even attempting to rally. We may pop a little tomorrow but I expect it to be short-lived. Will short on any bounce and sit back for the ride. Anyway, thanks for the vid and I look forward to your blog.
Thanks a ton for the comments. I must say, I agree totally with your thoughts. I would not be shocked to see a bounce tomorrow, but much more sell off to come. Trade well, AKOT