Hey Guys,
The market is holding its ground after the solid rebound we saw on Friday. The S&P 500 is back to the 5,200 price level.
I have a number of positions that are now green, which is a welcome site after just about everything had turned red on Thursday. I just try to stay calm and stick to the plan so that I don't go on any unnecessary emotional roller coaster rides when the market has a bad day.
I only took on one new position today. I bought options for IP in the options account.
I have no available buying power in the main account, so I couldn't buy anything even if I wanted to. Tomorrow a couple positions will reach their time limits, so that will free up some buying power to get into new positions.
If you have any questions or feedback, I'd love to hear from you.