01-20-2016, 05:17 AM
Well, there is a reason why we've only bought a fraction and are mostly in cash here still. The market is treacherous and really seems to want to go down and there always seems to be a 'reason' at hand, at present another leg down for oil. The modus operandi in the market seems to be to sell the rallies. We could have joined, as we even had some profits on a couple of positions this morning (ELLI and one of the shorted VIX futures), but since we are overwhelmingly in cash on a $1M virtual portfolio, we chose not to.