What a Day

I was down big on my held positions overnight and took on QQQ and SMH before dumping them in the morning at deep losses. Then midday I had a tip on the Russell 2000 failing at resistance and turned my day around with a big short on that, along with Amazon. Had I simply held I would have been fine, but this is why bear markets are hellish even for the bears. My only positions going into Friday are on AAPL, XLE and the starter position on SBNY.

The Russell 2000 makes me think we might get a rapid sell-off from here, but both the QQQ and SPY at least have potential for a much larger top.

Of course, now that I'm mostly in cash it's probably the best time for a crash.