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 [...]

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I’m fading the fed today and went heavily short all over again. Loaded up TWM (wtf was with that today basically getting back all of yesterday’s losses), and SKF. Going heavy means moving the big $ to the index funds. Specifically Inverse SPX, Inverse RUT, and Inverse NDX.
I think if there was ever a fade [...]

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Shorting AMZN @ 74.5 via July 67.5 puts.
I knew I dumped my inverse etfs and my ABX calls waaaaaay too early. Its typical. 200% now in those ABX calls…F$C%!

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Market flopped this morning pretty hard. NDX is spitting out 4.5% (which I’m getting none of) as I write this and RUT 2.2% for me with the SPX giving me 2.4%.
I cashed out the big money in the index longs, but still holding FXP, SRS, TWM with the smaller cash just in case the “faders [...]

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Bought more FXP this morning. TWM and bought some ABX calls. Watching gold closely here.
More morning down movement this morning is doing my account good.

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