She’s Sniffing the Kayak

Posted on Nov 11 2015 - 10:55am by Sharpe Trade

So let’s do a bit of house-keeping, and talk about where I see things.  Some of this I have mentioned in the stocktwits stream.

I think around these parts I had recently mentioned an idea for long December JO calls for my personal accounts.  I’m dumping those for a small loss.

While long since the end of September, the beginning of October?  I’m bearish on equities.  Actually, to be clear, I’m bearish on all risk at the moment.

How long will this last?

No one knows.   I have no short positions on.  I’ve simply exited longs.  We haven’t seen any pickup in velocity by the bears.  At the moment, the bears are only ‘sniffing around the kayak‘.

And no … this never gets old …

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