Fool’s errand.
At 10:27 San Francisco time with the market looking like this we increased our hedges and are now net short the indices. As we said earlier attempting to trade these…
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Fool’s errand.
Bulls retreat, noses bloodied.
30 minute chart of Dow, last 10 days. So we put a partial hedge back on. We're beginning to feel like day traders and we don't like it at all.…
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Bulls retreat, noses bloodied.
Bears retreat, noses bloodied.
What a difference a day makes. This looks to us like the end of the flush, so we lifted our hedges. Don't get too comfortable though. We think there re…
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Bears retreat, noses bloodied.
Bears on the prowl.
The last few days there have been signs that the bears are on the prowl. Wednesday in the last hour of trading (which is when the bears come out to…
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Bears on the prowl.
Should you be long the Dow? Yes. No. should you be hedged now? Yes. No. Maybe. Have you noticed it’s October?
This is written during market hours, so it may be completely cockeyed by the close. But we hedged our long Q and DIA positions. Why is it we get jumpy…
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Should you be long the Dow? Yes. No. should you be hedged now? Yes. No. Maybe. Have you noticed it’s October?