I put on a couple of 1 lots short on the VIX, hoping Vol would come in after the payroll report. Worked out rather well due to the bullish numbers, but I think it would not have lost much even if the figure had been terrible. Is this a potential "free money" trade the thursday before payrolls each month?
ES has almost closed the GAP, but our poor Trend Fader says he is short the IWM which hasn't budged . . . 119.91 last with the ES at 1136.00 Another example of a guy that has no idea what he is doing.
Again for the small cap indexes! IWM: 120.19 +1.30 Did Trend Fader get run over again today? Anyone know if he is still alive? I'm worried about our Boy. I really am.