Covered Shorts today at 1:30 PM EST. I Had such a small amount of options day trade buying power in my account I did not get long.
I enjoyed good shorts from S and P 1000 down to 838.
My Bias is to Long Side here for the near term.
I suspect this Rally will provide an easy trade on the long side. The Dow and S and P 500 both broke through, retested, and then ripped up well past the October Lows to cap off big swings. The market is now looking worthy of buying. Wait for a Pull Back and start grabbinwg some long bias positions on companies that are not broken. I will obviously short again if need be.
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