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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I went short this morning, trying some SDS, but quickly dumped it as the market broke up to new levels. After seeing the way the market was acting, I wish I hung on, but I didn’t. Instead I threw on a larger short position in the index funds at the 10:45 window. Looking for a [...]

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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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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. I know I just posted about wanting to get long, but really, why force it?
The market will screw over the most people most of [...]

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I’m getting cute with my titles, but I am stalking some China stocks today.
SNDA - which I mentioned a few days ago, looks the best for longer term swing trade.
NCTY
GIGM
FMCN - As a short term trade.
Attempting a lite long in the NDX and RUT with the afternoon pullback.

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I decided to put an index short on at the close in both the RUT and NDX. I’m looking for an extra volatile day tomorrow starting with, hopefully, a gap open lower and then a move lower after that. However, by the end of the day maybe a hammer candlestick. As long as I get [...]

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With today’s spectacular short in the indexes (heavily) this morning I ended up with an average gain of 4% across buying the inverse SPX, RUT, and NDX today. I cashed out of all short positions at the close.
The buy this morning in ACI went to a loss, but it got worse after I let it [...]

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A couple of thoughts on some stocks that are possibly making moves here.
1. The Dry Bulk stocks are acting like crap and I was obviously early on EXM. In fact, I’ve lost my buy signal. It is now a value stock. Due you due diligence on TBSI, DRYS, EXM, GNK. This may be related to [...]

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Bought TWM @ 61.66 for another trade.
There is a large difference in the leveraged ETF’s vs their benchmark values today. RUT up 3.5% x2 should be 7% for the etf. However, the TWM is down 9.7% and the UWM is up 9.8%. I’m arbitraging baby.

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I don’t plan on holding this long. Looking for a little movement in TWM and then I’m selling it. This is an extremely lite position.

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Since I went to 100% cash yesterday, I missed this morning swell. It would have sucked giving back 5% in the RUT and another 3% in the NDX, but it didn’t happen and gains are preserved. The best trade today might be at the close so I’m sitting tight and waiting to buy. I will [...]

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Posted @ 10:36 am “Its likely though the fear will materialize today.”
NDX 5.31% = 10.6%+ for double beta inverse funds and inverse etfs.
RUT = 9.6%, SPX = 9.4%. I’ve been trading the double beta Rydex funds much longer than the QID and QLD have been around and this was one of the best moves I’ve [...]

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I’m fading the fed today and went heavily short all over again. Loaded up TWM (wtf was with that today basically getting back all of yesterday’s losses), and SKF. Going heavy means moving the big $ to the index funds. Specifically Inverse SPX, Inverse RUT, and Inverse NDX.
I think if there was ever a fade [...]

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It looks like the futures are showing a bad day tomorrow at least for the open. I’m never excited if I’m short, to see the futures down this hard. As I write, Dow futures -286, NDX futures -40, and SPX futures down -35.
Like I said, all last week, “Short the strength.” I’m currently heavily short [...]

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