Bought TZA @ 90.45.

• Comments

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 [...]

• Comments

Being short baby! Today was a monster. I got more than 5% on my index trades today and I was heavy into that position. The RUT was down 2.73% Double it. NDX was down 2.47%. Double it. Ever see that guy on Crank Yankers? Even though the DOW looked the worst it performed the best [...]

• Comments

It looks like whoever wants the market to stay down today wants it to be a long weekend for the bulls.
The bloggers will have lots to chew on tonight for sure.
If we don’t see a rally at 1pm today I don’t think its happening till next week. I’ll be holding over the weekend.

• Comments

Being long. Index funds took a hit, but it was on smaller money. I added to that position today at the close big time…I’m anticipating a bounce and thats all I’m playing for.
RUT – The RUT got spanked again…badly. It has fallen out of favor. The NDX/Nasdaq were the strongest today and I think that [...]

• Comments

This market is insane. I wish I didn’t go long with index funds.
I’ve averaged my position down to 13.42 in the R2K calls. I think they will close near even to profitable today. With all the volatility going on, don’t be surprised if tomorrow is an equally big up day. Consumer confidence number comes out [...]

• Comments

I bought the August 810 calls back after getting my ass kicked all day in them. I got in for 19.10. Finally the R2K is positive on the day and I was hesitant to post the rebuy in fear(superstitious) that it would hurt my buy .
I’ll post a chart of the pattern I was [...]

• Comments