S&P 500; Down But Not (yet) Out
As suspected, yesterday’s wonder rally was just such complete bullshit running on hype. I did not even think of covering shorts (including leveraged fund SPXS against the index shown below) as long as the spike did not take out 50 day moving averages. Now if this pig will kindly break below the yellow highlight I will probably lean shorter by getting rid of some more … Continue reading S&P 500; Down But Not (yet) Out