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 of the gap” lose the battle and a buyers strike ensues later that causes the market to close on its lows. In that case it might setup for a long tomorrow. This was very difficult for me to do today. I’m probably wrong and the market does close lower. At least I still have the double inverse ETFs though and will add to them on breaks of support/resistance. Maybe a double digit day in FXP today? hmmm

I bought ABAT today before the pop @ 5.33 up 5%+ right now on it.

Sold the ABX calls and made 25%. I’m waaaaay early on that sell. I see gains and I can’t control myself. Gold is going higher – I’m an idiot.

Thanks for reading

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