Bought TZA and Will Short Indexes If 851 SPX Goes At Close

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December 4, 2008

Bought TZA @ 73.58ish.

Like the title says going short indexes again. Most of my levels I was waiting for traded above and broke below. These need to close this way though and the day isn’t over.

851.81 spx
456/451 rut also close below 448 would be wonderful
1151.96 NDX
8451 DOW???
1472.02 compx
1482.05 compx

16.55 UWM

Random thought? Automakers won’t get bailout…Market initially reacts badly, then realizes later its good and we get a rally?


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