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. [...]

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With this historic day, I’m happy to say I avoided it. In fact, I profited a little bit too. Like I said on Friday, “Seriously, my year has been phenomenal already, up near 30% while the rest of the market is down -20%+. The prudent thing for me to do is cash out and wait. [...]

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That DXD trade was on the money. The Dow is down -682 right now, NDX down -8% (I’ve never seen that number before), The Rut down -11%. While everyone is getting waxed today, I’m safely in cash.
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Dumped DXD @ 64.84 = a very fast 3%.

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So you’re tired of always being long and want to short the market?
How do you do it without borrowing shares? Easily. You buy the appropriate vehicles long. Which is actually a bet that the market will go down. Let me explain. There are investment options that you can buy long that represent an investment that [...]

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