I flipped my short for a smaller long trade that I plan on exiting tomorrow if the upside continues. I’m still in awe of the daily moves in the general markets. It looks like a 3.5% and 5% loss from the morning trading window – that really blows, but it wasn’t a heavy position, but it wasn’t exactly lite either. Getting two days in a row on the right side of the trade has been a difficult task this past month.

I posted a list of long double beta etfs today and I will buy the usual suspects most likely on Friday for a trade to the upside heading into the following week.

A few things setting up here:

FLIR – I love the way this chart is setting up.

Tags: ,