1) Love that today is “an expected countertrend rally” per morning notes.
Curious how many of those who “expected” a rally bought yesterday?
VIX>50 means there will likely be a better chance to express any view – bullish or bearish – in the near term. Discipline required.
2) It generally pays to be a liquidity provider during times like this even when expressing long term views.
Much easier said than done, of course.
3) Thought through the bullish case yesterday on Twitter given it was a big down day.
Today will explore the bearish case if I have time.
Most curious to see how stocks respond to number cuts.
You can follow @GavinSBaker.
Tip: mention @threader_app on a Twitter thread with the keyword “compile” to get a link to it.
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