Late Day Market Review 3.12.2020
Another crazy day in the market.
I decided once again to record my 3:30 update and market evaluation.
I am 100% short or covered Long (Long stock + PUT ATM). I am trying to avoid FOMO and avoid buying the dips and rips. As I learned in 2008 and other Bear markets, I do not have to be the first in when the market recovers to make money. The key is capital preservation.
For now I am looking for a signal of a bottom and building my watchlist. I will reintroduce you to Woody’s Boxes this weekend. A secret weapon for when market finally reverses.