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Posted @ 10:36 am “Its likely though the fear will materialize today.”

NDX 5.31% = 10.6%+ for double beta inverse funds and inverse etfs.
RUT = 9.6%, SPX = 9.4%. I’ve been trading the double beta Rydex funds much longer than the QID and QLD have been around and this was one of the best moves I’ve ever seen in countless back tests.

SKF, and TWM were equally awesome today. I mean these past 3 days to have traded near perfect has basically been two of my best trading days ever.

The ABX calls forget about it. Buying ABX calls yesterday before the largest one day move in GOLD EVER…is fricking unreal. Those calls were sold today for 62% 1 day gain. I sold early because those calls closed over 100%. However, I was busy buying a new camera at Costco and didn’t care.

DGP (DGP is the double gold ETN – not ETF, but it doesn’t really matter) rocked as well. I took a 17% gain from this morning’s buy. Everything that I traded today was essentially a double digit gain and being heavily short for the two best days of the year means my accounts are at new highs.

As of today I’m cashed out of everything…completely at the close. I will look to maybe take a shot at the long side tomorrow on a weak open, but I don’t want to force anything either. This week might just end in absolute weakness.

In case you missed it from the people who are obsessed with volatility…

On another note, why I have only 212 subscribers reading StockRake is beyond me. I guess people don’t like making money and avoiding disasters. Congratulations to those who profited and/or avoided the best down day seen in 7 years.

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