Another Support Line

By -

After yesterday’s terrific plunge, I dialed up my cash levels from 5% to 35%. I remain in 18 bearish positions now, expiring anywhere from 71 to 162 days from now, so I’ve got ALL the time in the world. I think I’ll hold back before piling into more positions. I took profits, for example, in ADSK, CHTR, CVNA, and UPWK. Time to watch from a distance, I think, and at least see what tomorrow’s jobs report does to prices.

SPYSUP