Gift

I am out headed for a wedding in Alabama.

The market gave you a gift today bouncing around down only marginally. It allowed you to protect your long exposure or add short if you were not lacking in that area. I sold calls on two names I am long. Market is usually not that kind. Will be interesting to see how the day plays out. We are down 80 S&P points or 6.1% from 9 a.m. central time on Tuesday. That is a sell off.