Tuesday, November 22, 2011

Hold confirmed.

The system remains 25% long. The VIX being down along with the market is somewhat concerning, although some will say it's bullish. I see it as complacency.

5 comments:

  1. Are you seeing any shorting on the horizon?

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  2. I wish I could give a clear answer, but I won't know anything until tomorrow at the earliest.

    I can think of only 2 positive things about this current position. 1) I'm not all-in like August and 2) we have some strong seasonality the rest of the week.

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  3. Hey J...

    Thoughts?

    Capitulation on the last half TNA and go TZA?

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  4. Oil and gold not confirming today's low. More likely bottoming process underway for end of year rally.

    Happy Thanksgiving for those below the border.

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  5. RMI, I'm too stubborn to capitulate. Sometimes that works to my advantage, sometimes it doesn't.
    Right now though, my TNA position is small enough that I'm not too worried about the market this week.

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