End of the quarter, -4.74% for three months

We haven't done much. All that trading in the final two weeks of the quarter was essentially negligible. Although we were up slightly for the month, I think we were better because we went with small share sizes to avoid any possible moves in either direction.

With the new quarter coming up, I think with today's trade we're starting to get a little bias on what we want to see. But it will depend on how the tape reacts in the next few days to determine if we start off on the right foot, or whether April Fools turns out to be a joke on me.

If you look at the last three months on the Russell 2000 and throw some Fibonacci charts on it, we could go either way. You have that big resistance line around 72 and then you have that support around 64. Everything in between is your retracement numbers. Now if speculating were that easy, we'd all by wealthy and retired. During these periods before the real move, you have two choices: a) sit back and wait for the confirmation (which can prevent losses, but also prevent profits) or b) stick a probe position and play the ranges.

At this time, I'm choosing b, since earnings season nearly guarantees movement.