What Worked Today 672007
Being short.
I’ve been short this whole week and its been great. The index funds (2x) produced greater than 3.5% today. The QID trade was profitable as well 2%+. My only mistake was selling the puts yesterday. They closed out today for a 138% gain from .73 “rebuy” from Tuesday near the close. I can’t complain though its been one of my best weeks this year.
I cashed my funds and my QID and I bought the OIL etf at the close. This was a semi-forced trade, I’m looking for a little upside.
RDNT – I’m not in it anymore, but it busted upwards of 9.4% on a day like today. Damn you RDNT!
The big money was in the shorts, now cash, and the little money is still in:
JMBA, HRSH, SMDI, NEXM, and OIL.
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