took profits on my 32 and 35 shorts, holding short from early yesterday about 85-ish cash equivalent, As PMd early yesterday we're close when we hit 92-ish cash equivalent. The Tues am pop and drop was called several days in advance. But back to a hedge position until??, I like lots of cash while on my trip
Good old Fed trade, buy weakness in front of it, short it for 1-3 days. This has been one of the easiest fast trades for several months. Think this pattern will start to change.
I said it'd be a whipsaw market, think it's just getting started.
Meanwhile I sit on a dock doing nothing important while my nephew does the trading..