Gotta love ZERO RISK in the SP500 = $$$

OVER 700 DOW points in less than 24 hours,

Who saw that one coming.....

yea. didn't think so.....

Wonder if tom lee is buying this dip, is he still going long....fool said to buy at 18,000+ nearly 1500 dow points ago, HAHAH


I lightened up on my shorts and added little tiny long positions to get ready for the next jump above 17,000, will sell all my longs then. This is a day you go long, not short, thats why I sold my short etfs (3 of them) in the last 24 hours!
 
romik said:
S2007 I don't ever understand how you trade, you are constantly long and short at the same time.
More...


yes, I own short etfs and add longs to hedge against my short etfs....anyway one of portfolios which was very short on the market is now about 70% long this last week...after selling off my TZA and SPXS which were two of my biggest short etfs now puts that portfolio on the long side of the market, so until I see a huge run up back to say 2075+ Im going to hold those longs, once 2075+ comes I will then add in short etfs, most likely TZA and SPXS and sell off the longs I have been slowly adding in bits and pieces.
Were now in a market where we will see 200-300 point up days and its those days I have to set up for, otherwise Im going to miss it and missing a huge rally like that isnt fun, so after a 700 point dow drop in 24 hours which only come every 4 years or so I decided it was time to sell some shorts and add longs

Long positions I took recently

DIG
XIV
SSO
TQQQ
 
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