Steve I see you have your stop at SPX 1130 down from yesterday's stop of 1163. If your stop holds today will you stay vested over the weekend? I know you get nervous carring a position over a weekend. A lot of short players are looking at SPX 1150 as a stop.
Steve
ReplyDeleteAre these large swings in the market due to back filling down to yesterdays low?
Yesterday jacked up volatility. VIX is 37.40. Just last week it was 17. Strap yourself in. I just hope my stop works through Monday.
ReplyDeleteSo, volatility breeds volatility as short-term trades are the norm. Relatively few have a long-term view at this point.
ReplyDeleteSteve
ReplyDeleteI see you have your stop at SPX 1130 down from yesterday's stop of 1163. If your stop holds today will you stay vested over the weekend? I know you get nervous carring a position over a weekend. A lot of short players are looking at SPX 1150 as a stop.
If SPX breaks 1130 then I'll buy it back at 1138. I'll carry 10% over the weekend.
ReplyDelete