Nothing has changed much since last week in terms of my overall outlook on the market.
Unfortunately, I was stopped out of my QQQ trade right near the peak. However, I plan to reshort it if we get a pop back to the 182 ish level.
I decided to add a medium sized position in Facebook (FB) in my retirement/long term account after the 20% drop last week. I plan to add another position of the same size if we hit 150. I plan to hold for at least a year.
I bought my first batch of FB at 175, and plan to add another batch at 150. My target is 250+.
