Other than Core shorts, for now the SQQQ 3x leveraged short QQQ will stay open, SCO will stay open (2x leveraged short oil).
For now the GOOG equity short will stay open.
AMD Long will stay open.
FAS 3x leveraged long Financials will stay open (this is why FAZ was so heavily leveraged with calls).
For now, TNA long will stay open.
ZNGA long will stay open
AMZN short will stay open
UNG long will stay open
MCP long will be closed.
Other positions I will decide as the data comes in, there are some very fast changes, they are still shorter term, but they are out of character so until I understand what this is about, I want to lower exposure, keep long exposure in certain areas that was meant for the intermediate up trend.
I'll explain more as the charts develop and if they hold.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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