Thursday, June 16, 2022

Getting shorter

I missed the 9% rally from mid-May to early-June.  Because I was expecting it to go higher, and was taking a break from the market every night.  Trading while holding a job is hard.

Was hoping to short on last nights weak rally, but it already dead.  Shorting more now on market open.  Another 1% Q's, 1% Russell, 1% EWP, 1% EWI.  Now 37% short (based on selling price - its ~33% on current market price).

Its a bad time to short, everything is a little oversold.  But I need to get shorter to balance my portfolio.

No way to tell when we get a 20% bear market rally.  Just have to take my chances.  The important thing is to be short in a bear market.

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