A diary of the thought process behind my investment decisions
The Black Crossover Head and Shoulder Boulder
I have written the SPY 108 calls against my long positions. As is the fate of most technical signals that make the front page of the newspaper the "Black Cross" was actually the "Black Killer Crossover", an ancient Japanese Toro trick, where a tuna turns out to be a bull. And the "Head and Shoulders" top was actually the "Head and Shoulder Boulder" taught to the bulls by no other than the Road Runner. Have a good night.