408pm: I wasn't expecting to be short so soon again, but here I am back in BGZ (got a great fill price 2 cents from LOD). Even though TZA performed better on the last short trade, I am still hesitant to short small caps right now. Should we continue higher, TZA would burn me worse - and I'm in pretty conservative mode right now as I want to close out the year on a high note - and at or near new equity highs.
Take care and I'll see ya tomorrow!
3:28pm: Here we go again. System goes 50% short (tna) if spy closes 125.66 or higher.
First, a happy New Year to all.
ReplyDeleteSecond, does the system look like it's going to keep its short going into the weekend?
Too close to call, even at this late hour. :-/
ReplyDeleteAlmost forgot...happy New Year!
ReplyDelete