Posted by mastermind on 7th of Apr 2022 at 05:37 pm
I take it as a sign that the near term direction is not very
predictable, but I'm not sure it makes sense to use SPX vehicles to
hedge other SPX positions. I would rather try to buy relative
strength and short relative weakness. For instance I took
another swing at YANG because China stocks look weak and may face
headwinds from the new lockdowns around the country. I did take my
first options trade based on BPT signals from the trend/pullback
call yesterday, but cashed it in today for a nice 11% gain. Still
more inclined to take the long signals than the short ones, but I
wish I had acted on the DVDS short more aggressively and promptly a
couple of days ago.
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I take it as a
Matt, are any of the SPY systems going to exit ...
Posted by mastermind on 7th of Apr 2022 at 05:37 pm
I take it as a sign that the near term direction is not very predictable, but I'm not sure it makes sense to use SPX vehicles to hedge other SPX positions. I would rather try to buy relative strength and short relative weakness. For instance I took another swing at YANG because China stocks look weak and may face headwinds from the new lockdowns around the country. I did take my first options trade based on BPT signals from the trend/pullback call yesterday, but cashed it in today for a nice 11% gain. Still more inclined to take the long signals than the short ones, but I wish I had acted on the DVDS short more aggressively and promptly a couple of days ago.