Being Short. The NDX finished ugly. All major indexes are breaking down at their 50dma’s.

A nice 2%+ move for the QID and NDX 2x funds. About 1.2%+ for TWM and R2K 2x funds.

Overall very nice day today and yesterday.

ADM – I posted about it earlier today on StockRake. ADM just worked today and worked well. I’m seeing some preliminary overbought signals on the daily chart. However, the weekly says the trend is very long and not overbought on that time frame at all.

GSS – It finished up 1% for me today.

Still short for tomorrow.

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