The year end rally continues. Stock indexes gaped up following Asia and Europe markets. Major markets around globe are synchronized in bullish dance. SPX touched 2600 for the first time and RUT firmly stand above 1500, up to 1519. It's into my target of 1520-1530 area. I felt been punched in my stomach again today. It's relentlessly pushing up. RUT could build another balance area around 1550 after today's new high. I need to hedge or play long more aggressively.
Made 6 trades across all accounts. Rolled my ITM SPY and IWM up to extend hedging time and collect some profit. Luckily I placed a RUT call hedge early in the session. GE is still dripping down. I tried to place a ratio hedge but didn't get filled. The SPX puts in ET is closed but I couldn't roll the bear calls It looks like I may have to take another loss to roll it.
Net liq suffered a 6K blow and is at 113K now. My line in the sand is 110K. I may have to wire fund again. Hope I don't have to do it before this Thanksgiving weekend. My funds a stretched thin now.
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