I am using the pre-holiday, low volume, Wells Fargo jam job to test the water again here.
Even though I was mercilessly stopped out of SRS this morning at the open I am prepared to re-enter this trade getting long 1 unit of the Ultrashort Real Estate ticker SRS here at $38.95 with a stop at $36.54
I am also going to test the water short on the S&P with the Ultrashort S&P500 ticker SDS here at $68.75 with a stop at $66.74
I was stopped out of SRS this morning at $39.55 as it gapped down for a loss of almost $4 3/4 pts on 1 unit.
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 Ultrashort S&P500 ticker SDS @ $68.85 stop @ $66.74
Long 1 unit Ultrashort Real Estate ticker SRS @ $39.05 stop @ $36.54
Short 1 unit Darden ticker DRI @ $35.30 stop @ $37.51
Short 1 unit Autozone ticker AZO @ $158.80 stop @ $163.06