Another Round



More selling on the S&P 500, but not as heavy or as low as yesterday. We’re still bears.

Positions Update:

Shares in TWTR and WCIC were dumped for┬ávery small losses. That’s the only way to stay alive in this game. We’ll never be right all the time. No one is. The important thing is that we capitalize nicely when we’re right, and minimize any downside to our account. We could be right 50% of the time and still come out ahead with this.

USO, March Calls with a 20 Strike are still alive.