Saturday, February 23, 2019

Hanging On A Thread 2-22-19

The bulls kept charging up on this unprecedented recovery. The majors closed up for the 9th week despite all of the overbought indications. I don't know how to explain the situation but admit the fact.

Had to wire another 10K from selling my IRA holdings. My net liq is only $500 above the water line again. I am in a hard and rock place since I don't have enough margin to reverse my positions.

I will have to wire in a bigger amount of funds by selling more IRA. The dilemma is no immediate hope to get my deep ITM positions out. 

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