Navigator Swing Strategy – 5% SPY and 5% QQQ (Call Spreads)
We are up so much so fast on our Friday positions; we are taking some profits. We cut futures and calls on the S&P 500 and NASDAQ 100 in half, from 10% back to 5% of our balance. As for the SPY or QQQ without leverage, we would wait for an intermediate Navigator sell signal and/or the sale of the other half of Friday’s positions.
A.F. Thornton