I went short this morning, trying some SDS, but quickly dumped it as the market broke up to new levels. After seeing the way the market was acting, I wish I hung on, but I didn’t. Instead I threw on a larger short position in the index funds at the 10:45 window. Looking for a [...]

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With this historic day, I’m happy to say I avoided it. In fact, I profited a little bit too. Like I said on Friday, “Seriously, my year has been phenomenal already, up near 30% while the rest of the market is down -20%+. The prudent thing for me to do is cash out and wait. [...]

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An old article from The Street.com will give you the background on the market myth, “Sell Rosh Hashanah, Buy Yom Kippur.” Tonight is Rosh Hashanah for those not in the know and we have possibly an excellent buying opportunity. Will I be buying? Nope. I touched on this myth last year.
In the meantime, enjoy some [...]

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That DXD trade was on the money. The Dow is down -682 right now, NDX down -8% (I’ve never seen that number before), The Rut down -11%. While everyone is getting waxed today, I’m safely in cash.
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Dumped DXD @ 64.84 = a very fast 3%.

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Well the bailout draft is likely coming today. I can’t see it NOT coming today. The government simply won’t allow a crash to happen. There is way to much to risk to not throw a $700 billion band aid at this. Plus, the government has endless money and until you understand where that comes from, [...]

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I like money better than losing it.
Sold:
RIG - 3% loss early this morning
EWZ - 3% loss just before this post.
EXM - Throughout the morning. For such a small FRIGGIN position I lost a nice chunk on it. 25% loss taken in EXM. Their docks, their ships all can f off. I like my money and [...]

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Seriously, my year has been phenomenal already, up near 30% while the rest of the market is down -20%+. The prudent thing for me to do is cash out and wait. I know I just posted about wanting to get long, but really, why force it?
The market will screw over the most people most of [...]

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Get ready for when the the brown stuff hits the fan, but I’m likely adding to my longs today if we continue to get weaker or close right here. However, I may cut this morning and wait to see if that weakness materializes.
I can’t see the government allowing a crash to happen unless all the [...]

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I sold my index shorts this morning taking the loss and walking away. This morning’s upmove just shows there is probably a larger down move brewing in the not too distant future (October). I may have gotten out early and we could close flat, but we’ll see. The position I had on was roughly a [...]

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I decided to put an index short on at the close in both the RUT and NDX. I’m looking for an extra volatile day tomorrow starting with, hopefully, a gap open lower and then a move lower after that. However, by the end of the day maybe a hammer candlestick. As long as I get [...]

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With today’s spectacular short in the indexes (heavily) this morning I ended up with an average gain of 4% across buying the inverse SPX, RUT, and NDX today. I cashed out of all short positions at the close.
The buy this morning in ACI went to a loss, but it got worse after I let it [...]

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However, Rydex was unreachable for me and alas I couldn’t go short. I wanted to short the SPX. Boo hoo. Maybe there will be a gap up open that will allow me to short the ass out of it? I want this market to have no ass.
The market has reversed on every big day for [...]

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Took a loss in my FLR calls. Will recap later. Will keep FLR on my watchlist though.

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Bought TWM @ 61.66 for another trade.
There is a large difference in the leveraged ETF’s vs their benchmark values today. RUT up 3.5% x2 should be 7% for the etf. However, the TWM is down 9.7% and the UWM is up 9.8%. I’m arbitraging baby.

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What else can The Fed save?
The Fed Solves Global Warming
The Fed Blows Up Incoming Meteor
The Fed Lands On Mars
The Fed Stops An Erupting Volcano
If anything happens in this world at anytime, anywhere, anyplace, The Fed will save us or should I say, the taxpayers will take the burden. If the world blows up, the citizens [...]

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