My head like every trader’s head is still reeling from the moves we have had every day this week. Today I saw the largest range and largest one day move in terms of points in the RUT ever to have occurred - it may be in percentage too, but I’m not going to go research [...]

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Out @ 144 for a quick 3.6%.
I may consider a LONG trade into a washout today.

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Bought SKF @ 138.94 as the movement started for a day trade.

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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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My ABX calls are up 62% right now from yesterday’s buy and I bought some DGP as well.
Gold was mentioned as a potential buy here and here.
I said it last night…market is coming back to reality this morning.
I was heavy short which means every investable penny I have was positioned short. I reduced that exposure [...]

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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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Wild morning so far. I sold all my inverse etfs on the market gap down. A very sweet trade for 2 days worth of holding. I also trimmed back my index funds at this mornings window significantly. I am now lightly short…very lite.
TWM in @ 70.88 out @ 77.11 = 8.7%
SKF in @ 119.86 out [...]

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The big dollars were positioned in the SPX (9.4%), NDX (7%), and the RUT (8.4%). I’ve been heavily short for a few days and hung in there through the little fake out that happened last week. It is so important to be on the right side of days like today because if you are not [...]

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VIX has hit the magic levels, but this market, at least this morning, is not acting like two to top tier financial giants went bye bye today plus a federal loan of an insurance company of $40 billion.
I remained heavily short, covered nothing, and bought SKF at 119 on the bullshit up move that happened [...]

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Essentially I made one terrible trade which got me caught on the Thursday downdraft. Now I’m looking to get short and in fact did today in the indexes. However, it looks like there might even be the beginning of that bounce I was talking about happening yesterday. That is ok, because I will ladder into [...]

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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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This move is really nice today. Glad to be short and RUT heavy. Market is NOT selling off on any news that wasn’t already in the market. Not the Jobless claims or home sales or any other of that bullshit. Its because the market was short term overbought and the shorts got fluffed out from [...]

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Markets look ready to reverse for a day. I went short both my favorite indexes, the NDX and the RUT. I’ve been wrong this week, but getting out of the short yesterday at the close helped me avoid todays extra pop in the markets. I’m doubting it goes on everyday this week and I’m seeing [...]

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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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