administrator Site Admin
Joined: 28 Dec 2005 Posts: 11983
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Posted: Mon Dec 05, 2022 8:58 am Post subject: Dec 5th Trading Log (Updates) |
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Dec 5th Trading Log (Updates):
Current Trade: Sold the 20 SPY puts at 23.15. It seems, the SPX downtrend line, slightly above 4,100, will hold, even with a Santa Claus rally. Nonetheless, if there's a rally into January, I'll buy puts again. However, I'll basically be out of the market till then
My portfolio is about $2,450,000 including $2,448,500 in cash.
Calls Contracts-Shares Long
None
Puts Contracts-Shares Short
None
Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss suspended. Scaled up and adjusted portfolio. Both prior portfolios, since early 2000s, rose initially and substantially, and then failed quickly in “irrational” market “melt-ups," where stocks can go straight up month after month. |
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