Look for today to be a day to get out of positions that have been lagging, imo. The chart of the DOW showed a possible green day today with the lowest volume day this side of 3 years. The market wasn't going down due to selling pressure but a lack of buyers.
Then when I looked at DOG, the DOW ultra short, it showed that hanging man candle which just mirrors what I thought might happen today. Take advantage of this possible green day.
Our March Calls need to be cashed in, imo. SVU is our dog of this bunch and is just not moving like we need. I say stop the bleeding and preserve capital. It hurts to take a loss but at least I'm using profits from that AAPL trade a few weeks ago.
AIMVHO,
Boca_Bobby
Boca_Bobby
Mom said there would be days like this!
