Wednesday, January 6, 2016

Another Leg Down 1-6-16

It seamed that market knew something bad was coming. Yesterday's weak bounce formed a bear flag in SPX and RUT. Indices dropped another leg on the news of North Korea nuclear bomb test. There are a lot of talks of a bear market forming.

I closed some near terms positions and opened fewer new ones. Risk factors are withing my parameters except available margin is at 45%. I will try to bring it back to 50% tomorrow.

I have distractions from my car problem of sensors, the law suite with Deloach and marriage. I need to stay light for the next few weeks.


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