Remember I’m Short, But I Want To Be A Buyer

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December 9, 2008

I picked up some TZA @ 60.27 (as I look at that I was eyeing this thing at 59, they gave me a shitty fill).

I’m heavily short in the indexes (ndx, spx, rut), and will look to take profits if they are there at the close.

DXD actually has a very nice looking 5 minute pattern. We should make new lows by end of the day. Depending on how low, I’ll buy long.


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  • http://www.stockrake.com StockRake

    Bought some FAZ @ 39.25

  • http://scalptrading.blogspot.com singh

    i graabed FAZ at 36 stop 35 only 50 shares

  • http://www.stockrake.com StockRake

    Covered index funds. Not holding those overnight and that is because of a 10:45 trading window where I'm stuck. I'm holding the ultrashort etfs overnight.

  • http://www.stockrake.com StockRake

    Bought some FAZ @ 39.25

  • http://scalptrading.blogspot.com singh

    i graabed FAZ at 36 stop 35 only 50 shares

  • http://www.stockrake.com StockRake

    Covered index funds. Not holding those overnight and that is because of a 10:45 trading window where I'm stuck. I'm holding the ultrashort etfs overnight.

    Added to my FAZ position. Held TZA, SDS, TWM overnight.