Patience

I notice that the market can not seem to hold onto 13,000. That's pretty bearish. Friday is options expiration day. I don't think a short squeeze is necessarily imminent - the market has been flat for the last 4 weeks.

I am concerned that I am relying on a market pullback for too many of the puts. I had expected company specific bad news to have done the job for me, but as yet that is not the case. The strategy of waiting for a market crash is not necessarily a bad one, but it's too much about relying on sentiment and not on facts. And it is fighting the attempts by the Fed to prop up the market.

I will be doing my usual quarterly stock search for some stocks to be bullish about.