I was lightly long going into this morning where I flipped that position and added to it at the close. I’m short the SPX only. I’m looking for a nasty day tomorrow where maybe we see an intraday reversal. Maybe not. I sold TZA waaaay to early but still managed 7%. I actually had TZA [...]

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Me too. I swapped my lite short to lite long eod.
I’ll look to go short tomorrow morning.

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Bought TZA @ 90.45.

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I’ve sold any long I’ve owned throughout this turmoil. I’ve capitulated. I’ve taken my losses and picked up my ass and did the right thing. I went smallish to the short side. I’m looking for a low to be put in this week. The monthly charts are very oversold, BUT this month has to end [...]

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The pressure is building under the foot of a weekly divergence in the SPX, RUT, NDX, COMPX and the other sectors that have been smashed, namely commodities, financials, and real estate.
A relief rally typically happens when this setup is showing its face. We had a rally off the 3rd week of October low based on [...]

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Selling the US dollar here via UDN. A double inverse dollar etf.

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Buying TNA, CF, APC, (ultra small spec in LVS), SSO + holding SSO from days ago.

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Direxion funds has thrown their hat into the leveraged ETF arena.
They have released the following 3x leveraged ETFs. If you don’t know how these work in a nutshell you take a current Index price and in this case, triple the performance of that day whether its a gain or loss that day. ie If the [...]

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Buy these:
EEB, EEM, SLX, EWZ, UWM, MVV, UYM, SSO, qld
and then anything on here:
http://www.stockrake.com/a-list-of-stocks-based-on-valuation-models-that-are-cheap~2008~10.html
Why I sold my TNA today? I’m a moron. However, I’ll be back into TNA for sure.

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I’ve been waiting and waiting and its here.
I will rub my hands together in a very mysterious way now.

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My precious precious rally.
I’ve been calling for it since the 10-10-08 lows.
To recap these are the numbers I’m looking for.
COMPX: 1894.39
This is the open on the weekly bar for 10-10-08.
SPX: 1097.56
This is the open on the weekly bar for 10-10-08.
RUT: 617.51
This is the open on the weekly bar for 10-10-08.
I got into this trade 1 [...]

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Here are two more reasons, why my shit is great, but I suck.
TWM Long:

YGE Short:

If you missed the orientation post, Green means long, Red means short.

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I’m starting to not believe that rally is possible now. A sign of a turn or am I right (just way late)?
I’m as apathetic as I can possibly be right now. Apathy doesn’t get more apathetic than me right now.
Bought COIN @ 6.69 and SSO @ 25.85, 26.78

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With the market toast its time to find new plays. Forget the old stocks I don’t care what they do. I want to grab the next trenders. The old soldiers have been shot and they are going to take time to heal. I gotta find those next monster trades as demonstrated in this post.
QCOR was [...]

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Support held for now.

New upward short term channel. Hmm?

The same pattern is on EWZ, EEM, UWM, QLD, UYG, UYM, SEA (dry bulk sector etf), SSO, and many other symbols.
I expect this move to get to the levels of October 3rd or close to it. Which means SPX 1099, NDX 1470, RUT 619 (but that is [...]

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