Wow what a day, I can't believe the market action looking past bad news and pushing higher. Well it was another killer day for my delta short positions. I have been neutralizing some over that last couple days, but today was the final straw. I did ax some positions today, added some credit spreads and bought some stocks. I bought DBA and DBC as a intermediate hold to participate in the commodity rally. The chart today has a rate of change indicator on it to show the divergence on the market. And we have only 8-9 days till OPEX, the last few days will be critical on how my spreads preform this month.
"My list of ingredients for success is divided into four basic groups: Inward, Outward, Upward and Onward." David Thomas
Posts
No comments:
Post a Comment