So today I woke up in a miserable mood, had to give a one hour talk, and was on a plane for two hours – – all while the market is up almost 400 points. I knew a bounce was coming, but nowhere this fast. Wow.
What am I doing now? Buying OIH and RUT puts. I'd buy XAU puts too, but the bid/ask is absurd. I think we could be in for more bounce from here, but I'm OK nibbling at some new positions.
I'm sure comments is a zoo, but I've have no time to peek in.
