I closed out the session +186bps, +8.2% for Feb without any hedges, leveraged long into the teeth of March. The pin action was terrible towards the end of the day and I had hedges in place to deal with that. Bottom line: although it seems like the market should collapse, and we all pray nightly for it to happen, it doesn’t. Because of this, I am inclined to believe we will not CRASH into March and might instead melt up a little.
Bear in mind, my opinions are mostly useless the second I publish them. I excel at real time trading and galvanizing ideas over short durations. Although my opinions can be somewhat useful, if I am being honest with myself and yours truly — my value lies in the now.
As of right now I am bullish. That can change tomorrow.
CIAO
If you enjoy the content at iBankCoin, please follow us on Twitter
Have you considered live streaming between the hours of 9:30am to 4:00pm ET while wearing a fly mask?
Charge users $1/day for access. You can even use a voice changer.
I’m chock full of great ideas.
A financial porn pay website. LOL.