A diary of the thought process behind my investment decisions
Shake & Bake
At bottoms the market tries to shake out as many weak hands and renters as possible. I was a renter and the market did its best to shake me out of my modest SPY long and then proceeded to bake. Rather than be upset I watch in admiration as the market does its thing. My sole remaining position is a short SPY Put position, so I am participating in a small way in the rally. I suspect the turn of the quarter rally has begun.