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Re: wadegarret post# 102905

Monday, 01/30/2023 6:08:25 AM

Monday, January 30, 2023 6:08:25 AM

Post# of 114733
again, imo, I think we are in a trading range from 47 to 5100 on the S&P. So I have lightened alot, over 40% cash now, and established shorts the past few trading days on IWM and SPXS.. total of about 15%. And with SWVXX I am able to get 4%+ on the cash on a very short term basis.

First time short the mkt in a long time. Not sure what I'll do if the market drives higher this week. But if she heads lower, I will slide off my shorts on the move, probably have most gone if we head under 4900 (imo, 'fairish value), and start buying more stocks if we head towards 4900, and then heavily under that.

But thats just general structural trading.

Amazing Grace:

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