Hammer?
I thought last Monday was exciting!
I woke up and my IRA doubled from the JPM and GS puts I bought last week. Closed those out, went to the gym, and watched in awe. I wasn’t active in the markets in 1987 (I was 12) or during the dot.com boom/bust of this decade. But now I can say I am successfully navigated the credit crunch. Thank you Investools! The Oct Iron Condor is UGLY but I’m waiting for the $VIX to recede before I start closing it out. I went long on the QQQQ and IWM with synthetic stock trades (sold put/bought call) we shall see if today’s market action constitutes a hammer.
In the Dancing World, I’m packing and prepping today for my Vegas trip. Unbeknownst to me at the time, a former CC coworker of mine is staying the same hotel so I have a partner in crime to hang out with at the pool during the daytime. I have a feeling this is going to be a good trip. It’s short and sweet, the way I usually like to do it!