I Rolled On Out Of It All This Morning
No more index longs, no long etf’s, no AMZN. Its all in cash. Sold out this morning. At the morning Rydex window the Rut was up more than 1.2% and NDX was flat. So basically earned some cash back off this bad long trade I’ve been sitting in.
Stocks I still own though and all are in the green.
BBY, FRPT, RT (screaming today, must be the bison burgers), and QCOR. Retail, Biotech, and Defense.
So far all of them are up in this crappy of crap crap tapes.
PS I’m eager to now short the indexes.
US Dollar rallying, commodities dropping. Check out SMN – UltraShort Basic Materials etf.
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