We are short 200 SPY and 200 TLT, which has traded lower the last two days aggressively. We thing there is more downside.
As you all know, we have been trying to be short other positions but getting stopped out. It has been very hard to be short in the current market environment.
We look for equities and bonds to continue to work lower, and hoping these markets return to what we feel are more easily traded markets.
Have a great weekend!