Our update for today doesn't have much to say. You can see that things are nicely centered. The down move today was actually good for our overall position, but we don't want a lot more of this. The only concern I have is that the RVX (Russell version of the VIX) was up sharply today. That hurts our position, but also scares me a little in terms of what the market thinks about the future. I am watching closely and have a short leash on the profits.
Good Trading...
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