Market drops again Thursday but we want to make sure before we short again. We want to see the s&p break below the 50 sma. Late in the day we get just that and we go short.
Friday market drops like a rock.
Again we take profits on the way down.
Coverings the last at s&p down 3%
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So we go short for Wednesday and the market drops.
We take profits on the way down and then go back to neutral in cash when we see the bounce coming to protect gains.
Now Thursday we wait for the s&p to break below the 50 sma to short again. twitter.com/MasterBJones/s…
