Picked up some UYM, YZC, RSX (Russia ETF), and TNA.
May also go long the indexes when 10:45 rolls around. I know the Fed decision changes the market and all that, but I like where the SPX is and holding.

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Well sort of. I’m long from October 3rd in the leveraged mutual funds which has been well documented already, and today was a part of the massive comeback that I knew was coming. Eventually this trade will become profitable and I’m guessing by this Friday’s close or the next or the next one after that [...]

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This morning I went into the indexes heavy adding to my Friday shorts with markets up considerably higher than where they are now (Dow +148, NDX -20, RUT +7.85, SPX +11).
Bought:
QID, SMN (tried to buy both EFU and FXP - seeing now the trades didn’t go through - damn FXP was good for 7% off [...]

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No more index longs, no long etf’s, no AMZN. Its all in cash. Sold out this morning. At the morning Rydex window the Rut was up more than 1.2% and NDX was flat. So basically earned some cash back off this bad long trade I’ve been sitting in.
Stocks I still own though and all are [...]

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It may bite me in the ass, but I’m waiting to get long. Till Friday to see if either tomorrow or Friday provides a down day that will make my shorts profitable. I’m bullish intermediate term, so I’m playing a high risk, arguably, low reward trade here. However, I still have confidence that it will [...]

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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 [...]

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Did we get a signal today that the US dollar is ready to rally? Commodities got slobber knocked. Steel, coal, shipping stocks, ag stocks, oil and oil stocks as well as alternative energy stocks, you NAME the stock it got crushed today. However, the financials held up.
Commodities go down, dollar goes up and with the [...]

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The long worked again today. On my trimmed long from yesterday I added another 1.9% in the mutual funds which I’m still holding and the ETF’s of UWM and QLD were sold this morning for a variety of gains ranging from 4.5% to 7%. Loving this long trade, but what little exposure I have left [...]

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My new idea got me into ISIS around 14.63 today. Looking for prices above 15, maybe 15.60ish if I’m lucky.
Bought UWM @ 53.43. The way these 2x etf’s price sometimes is so f’d up. RUT was down to 730 when I bought UWM and now RUT is 731 and the UWM is 53.36.
The market looks [...]

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Markets are screaming higher today.
SPLS - Staples is up another 5.4% today based on Goldman Sachs upgrade raising them to the top of their retail buy list. Thats 22% in two trading days off the bottom. I hate being early.
SNDK - Breaking a downward trendline today and the buy signal went on a few days [...]

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Johnttttt writes: “I am looking for an instrument that follows RUT as closely as possible, that has high volume and liquidity and can bring profit even from small moves of RUT. The problem is that RUT itself cannot be traded because it’s an index and not instrument. Any ideas???”
My reply: You can trade the RUT [...]

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Being long. Not listening to noise. I went on a little tirade yesterday about noise and how it affects trading. From alot of what I was reading, people were expecting fire and brimstone today and for the market to drop, not breakout to new highs. I was very confident this wasn’t the case. If they [...]

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I said I would post a stock list later on tonight and here it is. Its about 2:15 am here so enjoy.
AMX - Amex Movil
UTH - Utility Holders ETF
DAR - Darling International - This one is a former momentum runner. Darling has a really cool business model that represents the sign of the times. The [...]

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Happy Monday. Being short worked again today. I held my Friday shorts and they were working out nicely until the big rally that happened around 2pm screwed it up. Thankfully the market then fell after filling its morning gap on every major index.
NDX 2x inverse funds lost very fractionally while the Russell 2000 2x inverse [...]

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Per plan, I loaded up the shorts at the close today. I expected an up finish today and we got it, however it was a very shaky close. I’m anticipating a pretty nice down move tomorrow, but it wouldn’t be the first time being wrong if I am.
Aside from loading up my index shorts I [...]

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