Not too much to write or share. The big gapdown yesterday let to the reactive buy the dip folks closing the market higher compared to where it opened. I would have hoped for an up open to continue the sell but the market had other ideas. This has however not changed much internally and the market remains vulnerable to sell offs.
There is an expectation to a month end/quarter end rally so I am not sure what to expect today however a sell off would be very telling. For now maintaining bearish stance and positions.
Gold continues to be very weak so I closed off my straddle and went short via NUGT puts in December. This could be a potential multibagger.
Best,
PM
There is an expectation to a month end/quarter end rally so I am not sure what to expect today however a sell off would be very telling. For now maintaining bearish stance and positions.
Gold continues to be very weak so I closed off my straddle and went short via NUGT puts in December. This could be a potential multibagger.
Best,
PM
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