I have zero time, so this is going to be quick.
- I started the day seeing gold and oil down sharply. Good.
- I sold my $XAU puts and ABX puts at handsome profits, as they achieved what I felt were good short-term targets.
- I also sold my CMG puts at a nice profit.
- My portfolio was up well into the five-digits of profits that morning.
- I took my kids to school
- I return, and my portfolio is down five digits because the indexes blew from Dow down 40 to Down up 120. WTF?
So it's time to look at charts and figure out what's going on and make sure my stops are well-placed.
