update:
It was an 'up' signal..I followed it up, it rolled over, I was stopped out for a small loss...
I've been whipsawed a bit the last couple of days...part of the game....
Wednesday, June 9, 2010
I went long this morning on leveraged $RUT ETF...
I'm having a good morning with this so far, expect a few days of upside before we hit the higher trendlines...
update:
It was an 'up' signal..I followed it up, it rolled over, I was stopped out for a small loss...
I've been whipsawed a bit the last couple of days...part of the game....
update:
It was an 'up' signal..I followed it up, it rolled over, I was stopped out for a small loss...
I've been whipsawed a bit the last couple of days...part of the game....
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1 comment:
hey Mark,
As I know you know, I check your site frequently and really appreciate your work. Don't see how you trade and simultaneously keep so current on the blog.
When I saw this morning's post...made me shudder! Agreed that rally time ought to be here (was thinking 1120ish+). BUT, for me, just too many any colored "swans" out there for a long side trade to feel remotely comfortable, especially one that could potentially be held overnight.
So, this chicken little plays the short side of intraday drops in 2X index ETF's. One of these days, I won't have to lift. Meanwhile, I'm happy with the 2-3/day scalps. Lot easer to sleep at night.
Regards,
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