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.