On Monday,
After waking up to the ten thousandth engineered Monday pre-market selloff and instant rally in a row, I covered my SPY short for the last time and liquidated most of my positions. I also sold most of my SDS, which I had ridden down from $23 to under $15.
I have a knack for selling bottoms and buying tops. True to form, it looks like the long overdue selloff may be occurring now, instead of May, which I was figuring. What else is new?
Had enough of the BS. Mostly in cash and SLV and GLD calls, which of course are getting whacked today. Should have sold those too. Won't take the pain, if you don't play the game. Have fun with this joke game,
MF4