>MFW when gold gapped up overnight.
I was planning on dumping JDST on the open this morning, expecting a beautiful gap up to top off the whole thing. I did end up selling this morning. After a huge gap down. Ended up pocketing pocket change, .9% when I could have pulled the trigger yesterday for the 3% i wanted all along (absent last weeks fuckup)
So there’s that. Brings me to -6.2% I will just hang on the sides on gold and see what comes down the road with war and market collapse and the happening Fly seems intent is coming.
If it is happening, I am positioned well:
BIS entry at 12.11 leveraged against biotech (which collapsed 30% earlier this year why cant it do it again?)
SQQQ entry at 35.10
Today I added SDS entry at 24.44 and short AA @ 15.72 for something not leveraged but completely blown way up for no really good reason, a huge rising trend that seems pretty broken
Markets closed on the low, selling more after hours. Here’s to something. I’m not going to press a lot of these until we start taking out major supports:
SPY needs to take out the 50 DMA and then cut through 190.
DIA more of the same, 50DMA and the recent lows from the summer
If XLF can smash the 50 we’re in a lot better shape.
