I rolled my index cash to short, 2x NDX, 2x RUT at the close today. I closed up my gold positions taking 5%+ in the DGP, and breakeven in HL, just for protection. I closed my 2x and 3x Energy long positions REA, ERX, DBE, all for nice gains. I will be buying all of [...]

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*this is a scheduled post made last night. As of this posting the futures were: /YM -2, /NQ +1.25, /ES -.50 All of this could change on the open, but often the move will carry over. Especially when some of the overbought conditions are in play. We’ll see if this works in a few hours.

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Today was a big day. Alot of losses turned into gains on the options front. I basically made up any loss including my PALM puts loss. I would have had a very nice day if I never bought the PALM puts in the first place. However, now if PALM was to suddenly drop it will [...]

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I hate planting my flag in the sand like this when its wrong. So far the NDX is up a whopping 1% from last Friday which is where I started laying into this short move. My options are a different story. Major decay going on there. I did add to my QID calls this morning [...]

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I love the change in heart tonight on Fast Money from Joe Terranova, Tim Seymour, and Greg Troccoli of turning bearish/cautious whatever, just not long. I’ve flipped my view as well starting on Wednesday with my NDX short and then shorting more Thursday morning. Then today all I did was pile into shorts near the [...]

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I twittered earlier today that QID and FAZ went to a buy signal, but FAZ flashed and never stuck. It went back to red and now shows no trace of any green after the fact. While QID had a day that was red then green then red. This happens. What I did, was twitter the [...]

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Taking an avg 8% loss on LVLT. Out of all of it. Time for new ideas. Keep working FAZ and other short ideas. Maybe SRS, QID, TZA, EEV, etc.

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