The morning started out right and tight. I woke up late about 9:45, the overnight shorts started to work and I pressed my positions with SDS calls, SSO puts, IWM puts, TZA, and DTO/USO puts. Everything except the crude shorts were profitable when I cashed out around 10:30ish (BZQ, FAZ, etc). The crude related shorts [...]

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I trimmed my shorts from yesterday, but am still short the RUT, have some FAZ calls, and some FAZ stock.
It looks like if this market is going to move down it needs to do it next week. The market has many divergences going on particularly the weakness in financials, however, divergences are not guarantees.
As far [...]

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I rolled back into FAZ, SRS calls, DRV, SSO puts, TZA, MCO puts, and SMN today. I think I included an AIG chart to go with this. I also went short with 2x funds. I’m expecting more movement lower due to the break of my SPX level mentioned in the post before this one. Today [...]

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Posted last Friday:

Posted Monday:

Now this is the way it looks today:

Now I’m short via my index 2x funds $NDX, $SPX, $RUT, SSO Dec 34 puts, TZA Jan 15 calls, TZA Dec 14 calls, and long TZA as well. I’ll be getting some FAZ, DRV, and various other inverse funds. If topside resistance breaks I’ll look [...]

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I like to buy on the 60 min buy signals when the daily or weekly charts set up as well. The longer term is like a picture frame, and the 60 min buy or sell is the picture.
So far anything I’m in has turned to green, so we either close up, or this could just [...]

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Today was awesome. Yesterday sucked, but I had a nice time at the golf tournament and was the reason my positions got whacked yesterday as I would have covered in the morning. I should have brought my MiFi card with me and traded out in the morning when EVERYTHING was working right. Index shorts, EWZ [...]

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Long, DGP, AUY, SA, AZK, *FAZ
Short via AMZN April 60 puts, *SSO
* = Hoping to scalp something something

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