The negative divergences continue and as they do, rightly or wrongly, I feel compelled to get shorter of this market which I shall.
I am getting shot the S&P via 1 unit of the Ultrashort S&P 500, ticker SDS here at $74.75 with a stop at $72.38
Good speculating to you all and never forget that "an investor is a speculator who made a mistake and will not admit it".
Long 1 unit Ultashort 20yr Treasury ticker TBT @ $44.25 stop @ $42.17
Long 2 units Ultrashort Real Estate ticker SRS @ $49.85 stop @ $46.86
Long 1 unit Ultrashort Financials ticker SKF @ $91.40 stop @ $88.19
Long 1 unit Ultrashort S&P500 ticker SDS @ $74.85 stop @ $72.38
Short 1 unit Microsoft ticker MSFT @ $19.20 stop @ $19.20
Short 1 unit Apple ticker AAPL @ $107.30 stop @ $109.82