I’ve been quiet all week as nothing has changed. We are in a situation where it does not make any sense to adjust any of the positions unless RUT falls below 760 AND RUT has done nothing but hang at the highs so it is a wait and see game. Currently all the positions are sitting at a little more than 1/2 max loss and the market must come down under 760 to win something this month. Max loss will be hit if market hits around 780. We got till Thursday to see if we get a small retracement, it will be interesting to see what emerges. That’s it for now. I’ll update if anything changes.
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