Hey Guys,
The market took another dive yesterday and overnight. The S&P 500 is around 3865 right now, down almost 100 points from yesterday's high.
And yet again, I came out of it with hardly a scratch since I had very few positions open. I couldn't draw it up any better than this. If the market is going to take a dive, I'm better off it happens when I'm not holding many positions. So this certainly worked out in my favor this time around.
That said, today I bought more stocks and options. In the main account, I bought stock for TAL and PDD. In the extra options account, I bought the options for TAL (which were only about a dollar each). And in the low-priced account, I bought stock for CCJ.
So at this point, I have more positions in my portfolio and therefore more risk on the table. It's not a full slate of positions or anything like that, but I do have more skin in the game.
If you have any questions or feedback, I'd love to hear from you.