I second that. From my own similar experience hedge funds will not touch you unless you are personally attached to the deal (what ever deal you can strike). So, find a fund and marry it for a while, see how it goes.
Locked my profits on oil puts and on some stocks. Wrote corresponding calls on the rest of my put positions to complete strangles. The sentiment is neutral now.
Selling a lot, a lot of PUTs. July and August. Many NASDAQ stocks and some NYSE. Sensing pull back up on Monday. Will be prepared for strangles if needed. Will not use more than 30% of capital (not leveraged). Also, will sell some oil puts.
Thanks for your kind words. I'm not at my best today. It has nothing to do with the market, I just have shit load of things to take care of. We are moving to a bigger facility, so I'm trading in a mess!
Bugs the shit out of me! :mad:
Will be on the sidelines this morning till the sentiment reveals it self. Generally, I'm flat now except may be 5 - 6 open positions (all of them short).
Going to short NASDAQ stocks (writing calls) this afternoon. AMZN, AAPL, EBAY, DELL, RIMM etc. I sense a dump coming up. I will write only 10% or more OTM calls for Aug.