Yes im still here yes September sucked but October is off to an ok start.

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Ok so lets just forget about September. I think at the end of the day I went like -8% or something on the roll. Those trades are behind me, and we’re just going to pick up and move forward. I added my bullet for September and will soon add my deposit for October. So at least that’s on track.

 

Where I stand right now?

Ok we’re short indexes and biotech. Yes I know its like Charlie Brown, Lucy, and the football, trying to catch another move like February to April where they gutted $IBB for something like a 25% loss. I don’t expect another move like that, but through the wonders of $BIS we can make some coin that way. So where are we at now?

SQQQ:Full position at 35.87 currently up about 5.5%

SDS: Full position at 24.80 currently up about 2.4%

BIS: Half position at 12.28 currently up about 1.6%

I think theres a lot of $ hiding in biotech and if we have further broad market weakness they’ll come for those guys too. I keep saying i’m going to get GPRO but i dont have the ammunition and Id rather not enter something that risky.

When I look at the market the trends are definitely down for the time being on nearly everything, so there’s no reason to put on the chain mail gloves and try and catch knives. Let’s just adjust stops and let it roll. I’m not touching volatility right now, let’s just stay where we’re at.

 

 

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