We closed our short (TVIX @80) we bought in the morning (TVIX @73) in the middle of the day because the markets were barely selling off. It was a decent profit of 9.6% because we wanted to avoid "The Witching Hour". It came! The market made a valiant run again at DIA 112 during the last 50 minutes only to selloff again in the final 20 minutes! This market is dangerous for both longs and shorts. I am very surprised it closed basically flat. It should have sold hard. The
Matrix Defensive Line stands (DIA $112). Whew! Another gut wrenching day.
