NDX trade 4 for 5, short /ES whomped again

First the annoying news:

The then-incipient tax cut burbling its way through congress late last week sent the market into a frenzy of buying, up to 2658 and change before closing Friday at 2642.75. This leaves me with $20677.87 ... I did actually cut down the size of the trade I had on by 60%, thank goodness! But the sharp upmove really caused damage ... it was even worse on Thursday.

But: buy the rumor, sell the news (I hope!) The Senate passed its version late Friday night so with any luck that will allow a bit of down movement in /ES ...

Now for the good news: the NDX weekly trade is now 4 for 5 (80%):

Thursday to Friday a.m. it was down, but not quite enough to damage the trade ... close was 6315.56, not touching the short 6310 put ... I sold this one just after 11 a.m. PST on Thursday and got $1.75 in credit ... that's a 21.2% return ($1.75 / $8.25) ... Just need to do that 91.7% of the time as advertised .... more next week!