on SPX, both with outright shorts and puts on SPY...and also the second round of puts on Chipotle.
This is clearly a different type of selling than the grind lower in early May. This is what I was looking for all along to start covering. If we
see capitulation later in the afternoon, I will probably take half off. If we stay in the -25 range, I'll probably hold over the weekend
hoping for a bigger washout early next week.
Good luck everyone...
STILL holding Shorts....
Started by
Macro Speculator
, Jun 01 2012 12:00 PM
1 reply to this topic