I was too enthralled with my new intraday trading system to look at the inverse ETF’s. Actually I didn’t have a shot at even buying them as I blew all my available capital this morning trading these little piker stocks like JBLU, PCR, LEN (only real winner today), NYX, SWKS, and TBSI.
This is where the [...]

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I posted about being in the inverse etfs FXP and SDS, but I didn’t post that I took medium sized short trade at the Rydex 10:45 window in the inverse spx, inverse ndx, and inverse rut funds. It was an ultra risky play considering the NDX was already down 6% at that time. I was [...]

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Bought FXP @ 95.61
and SDS @ 72.34
In case you don’t know, these are inverse etf’s.

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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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Naturally as the most popular stock related blog on the web, can I dream(?), I get a lot of searches.
So in this post I’ll answer those requests that were sent out to Google and other search engines directly. No more hoping that the answer is on the next click, I’ll just do it here.
China Stock [...]

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Huge drop today yielded one of the better days of the year for myself and other shorts. Many trades worked really well today. However, I would point out one poor decision of cutting my index shorts this morning because the market dropped lower and closed on its lows. One could say that I shouldn’t complain [...]

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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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I’m short and took the hit today.
SPX lost 1%, RUT lost 2.2%, SRS lost 2.7%, FXP lost 4.4%, TWM lost 1.85%. NDX was the strongest today, but I have no exposure to that index right luckily.
BUT the action today looked strong and finished weak, RIMM was down 8% after hours, ORCL down 3.5%, and the [...]

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The market is up strongly this morning and it seems a little more than the normal pre-fed meeting uppity bias.
I held onto all my index shorts, fxp, srs. All of them are getting SLAAAAAMED so far today. SRS getting the worst of the beatings today. I thought we’d get more oversold.
I’ve committed this current trade [...]

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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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NDX and RUT both dropped today for a decent return of 1.6% in the double funds.
SRS - Cooperated and gave me a 4.17% pop today. Nice breakout there.
FXP - Didn’t participate even though FXI was down today. It did a little pullback, but the charts still are saying buy, which means sell for the FXI.
CPST [...]

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In this chart of the FXI it shows previous breakdowns that this pattern, lets call the “fish hook” have led to at least one more day of new lows. Its the fish hook, because fish hooks when fish hooks enter the water, they go down. Some people just refer to these patterns as “bear flags” [...]

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As I said in an earlier post, the market basically got TKO’d right at the opening bell.
So the market broke the 12000 zone and the SPX broke 1330 and that was my cue. I thought the market would go up today due to yesterday being up and bouncing at key levels. Not the case. So [...]

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These are often called inverse etfs or funds. They are a way to long an etf that performs opposite or inverse the performance of particular etf.
Single Beta Inverse ETFs
EUM - This is a single beta short ETF of the MSCI Emerging Markets index. If EEB closes up 1%, EUM will be down 1%.
EFZ - This [...]

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