On a day that technology was going to take out the market, the big boys made an opening play with some strong buying that is holding up the indexes. At first, I was just grateful as I collared everything with puts (SPY and AAPL).
Now, I am underwater from both directions as the market stays higher. I still think that the downside has more possibility this week, but I have to say that I am not wedded to any direction. I am only trying to hold on to what has been a brutal market that has put me in a very big hole for the year.
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