After cutting losses quickly in TKMR and JO longs just now, I am down to my CORN WEAT longs, both of which I have some profit cushion on from my original entires into then.
The Dow Jones Industrial Average daily chart has the look and feel of a crash, though small caps and high yield bonds are slightly diverging intraday.
My biggest position is cash and I am content to wait this out.
Stay safe out there.
Good entry for LAKE, NLNK, VSR, or APT?
potential for ebola in cleveland
http://www.nytimes.com/2014/10/16/us/ebola-infected-dallas-health-worker-was-on-flight.html?_r=0
Feeling better about the “lousy” exits on a bunch of positions over the last week. Have somehow found my way to 45% cash, 30% bonds, 15% stocks (and my SBUX puts (!!) and a lot of capital losses). My Canadian banks short left the station without me! (like everything else) Have been waiting three days for a bounce to pounce (I may be waiting a while longer…). Will watch and wait alongside you.
Chess I literally have one position on and it’s flat today. Other than that I have a whole lotta cash and margin borrowing power when do I deploy this capital?
when they let Gurley play again