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Sold FAZ to avoid the split/morning bounce tomorrow. Sold ERY and took profits there.

Despite the late session rally, I made money in the RUT with 2% and SPX at less than a .50% gain.

Other winners, FAZ, ERY, SRS, EDZ

I will look to buy back FAZ, maybe ERY, increase EDZ position, or do something else.

I rotated my RUT short to being NDX short, and I didn’t cover any index positions. In hindsight I should have. The reason for the rotation into NDX is simple though. NDX closed up .48% while RUT closed down .94%.

The next move in the SPX could be a test of the 893.04 level. At that point I would be buying back in force, maybe taking out a second mortgage.

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