Added To SPY Short

I have added to my SPY short on the jobs data.I now have a medium sized net short position.

2 comments:

Anonymous said...

Why did you do this? Just because of the BAC issuance? Marketappears on track to set new highs.

Tsachy Mishal said...

I prefer to buy on bad news and sell on good news. If you look back in the archives I covered some shorts on the Dubai news.