Escape Hatch

I entered this morning completely short - about 30 different positions. Lots of puts, lots of shorts, lots of exposure. The market was dropping again, but I was getting the sense that very short-term, the drop in the market had played out. So in just a few minutes I covered every single position I had and went completely flat into cash.

As you can see from this graph, I exited at the arrow, and it's a good thing I did. Minutes from the last fed meeting sent the market flying skyward.