I ended up catching a few good shorts and a few great longs. Once their intentions were clear was just a matter of waiting for a good trigger or setup on smaller chart and than hunt for likely targets. Would of preferred and made more if I wasn't bearish bias, but ending up decently green when you had incorrect bias, is pretty good in my book.
q's $359 spy $450 Hmmmm. They might make a liar out of me yet. Are we entering the "markets only go up" mode again? Pretty soon we'll see ol' @Rickshaw Man come back and start posting how easy it is it again. Fwiw... I'm not buying it. Earnings aren't coming in strong enough. The vix should have fell more today if this rally was real. At least a drop below 20. All my signals pointed down when I wrote that. But as it looks atm... we're going back up. Edit: cool new avatar Spooz.
Not yet. MMs have goldfish memory. When the Fed implements the rate hike in March, they will panic, forgetting they already priced in the rate hike. And then there are the meeting minutes next week. Watch out, hubba hubba!