Everybody jumped on the FOMC Minutes bandwagon, only to have it all dashed today. We held the short squeeze pressure, and what goes up in this market comes down more often than not, and harder after a two day rise.
Monday, April 4, 2016: After dipping to 3.433 Billion YTD with the Thursday Friday uptrend, there was a correction. As of after 4 EST, Here is what we have... as there are competitors, but none come close, and I'm not tellin'...
You can tell we are hedged balanced to the down side with an overall long volatility bias, seen from the other side of the trades. You have to be Banks or Brokers to do that, or just emulate them. They seem to be the ones with all the money in the dips. The Boss says there's no bigger whore than the S+P 500, but I beg to differ... <3 R.
Thursday March 31, 2016: It is the change of the calendar month after Janet Yellen's testimony/speech at the New York economic club after the monthly FOMC. They took rate hikes off the table, waiting for more economic improvements first. Ther was a market rise, but I remain hedged flat with a downward bias until June so far. We were at about 3.460 Billion YTD last night.
