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I’ve been saying it for days now, that I want to buy weakness in the market for a long trade and therefore I went short with expectations of weakness to happen. That started to happen today. The RUT finished down .81% or 1.6% if your a double head. The NDX finished flat – booo.

Things that worked:
Being short. I stayed short, but took off the addition I made to the index funds to lower my exposure. There may be a bigger move to the downside tomorrow or the next than what happened today.

SKF – In @ 116.56 Out @ 120.69
EFU – In @ 98.84
HOGS – Added to my position today, up 2%

Things that didn’t:
TWM – Bought it near the peak of the day. Down about 1%
CALM – Down less than 1%
MATK – Up 1.3% despite the loss of a few cents.
SNTS – Added to it today and lost a few pennies, but I’m in it for than today’s action.

My TWM buy is down about -1.2% due to egregious pricing of the double etf’s sometimes.

I’m waiting for the market to come down a little more than I want to buy it agressively. I like the chart on MRVL btw.

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