I’m addicted to this short. I put it back on. I’m looking for the market to close in the red tomorrow. Today shocked me a little bit, but my individual stocks have done ok in this up move.
I actually mentioned on the morning posts when I sold out of my short (which happened to be [...]

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It may bite me in the ass, but I’m waiting to get long. Till Friday to see if either tomorrow or Friday provides a down day that will make my shorts profitable. I’m bullish intermediate term, so I’m playing a high risk, arguably, low reward trade here. However, I still have confidence that it will [...]

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Friday’s upmove was confusing to me. I’m starting to wonder a few things. The first is that my signals may have been off for 1 week since I was looking for a lower weekly close in the COMPX. What I was looking for was a relief of the oversold condition the market was in. We [...]

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Well on the week to week basis we got the rebound I was expecting.
On a week over week basis, the RUT gained 19 points, and the SPX gained 21 points. However, things like the UYG did 14.6%. So certain items this week exploded while others were just good.
I flipped to a small index SHORT position [...]

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I did what I said I was going to do. Went heavily long the leveraged funds for the indexes NDX and RUT. I also bought the leveraged ETF’s UWM and QLD. Outside of that I also have my ICE call options. There is going to be some sick option activity next week. This long trade [...]

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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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RUT gave me 3.2% today while the SPX gave me a mild 1/2% gain.
FXP and SRS both didn’t yield any gains for me today, in fact SRS pulled back.
I bought TWM early this morning. When the market rallied midday I was down on that trade around 2%, however, the market sold off again, making the [...]

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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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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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We got the breaks I was looking for, RIGHT at the morning open. Unfortunately I didn’t hang onto my shorts and I would have made up the losses from yesterday and then some. Yesterday’s 3% loss is being eclipsed with over 5% down move today for the double beta funds. F$%^!!! Very annoying.
So with the [...]

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Today I decided to cover up and take the hit to my index trading account and walk away. Right now the volatility is creating moves that aren’t aligned with my daily and weekly timeframes. I can’t trade at Rydex comfortably right now and don’t want to risk the great profits I’ve gained so far this [...]

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There is some serious volatility happening due to quad witching. I’m getting burnt on the KWK posiiton which I just cut for a 5.3% loss. Two days of trying to trade it equaled two losses.
SRS also filling its recent gap down to 92, but I’m hanging on.
Short in the indexes and getting hit today on [...]

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