Wednesday, October 22, 2014

? Resolved Today....10.22.14

The apparent clear sailing markets we saw yesterday reversed back to a selling mode with the Dow giving up a53 points and the VIX spiking 11%.  Yahoo was the big winner today and managed to hold much of its gains into the close.  Other issues weren't as fortunate.
M3 is back in cash after our UPRO position was stopped out fpr a .75% loss.  We're still holding onto nice gains for the month however and patience is the watchword.  We're looking for things to stabilize and improve as we approach month's end....only a week long as some big names don't deliver really awful earnings reports.