I previously mentioned I would add to my DZZ position if it could take out the Nov 9 (outside reversal) high water mark of $8.45. Actually, what I meant to say was if GLD could take out the intraday low of its outside reversal bar Nov 9 of 135 to the downside but the intraday high of DZZ suffices as well.
I am adding a 2nd unit of DZZ here at $8.51as we should be off to the races.
While I'm at it I am also content to add a 3rd unit to my TLT trade here at $96.59
Good speculating to you all and please remember to never forget that "an investor is a speculator who made a mistake and will not admit it".
Long 1 unit Direxion Large Cap 3X Bear ticker BGZ @ $19.34
Long 2 units Direxion Small Cap 3X Bear ticker TZA @ $60.30
Long 1 unit Direxion Emerging Mkts 3X Bear ticker EDZ @ $60.50
Long 2 units Direxion Financial 3X Bear ticker FAZ @ $19.65
Long 2 units Ultrashort Xinhua China ticker FXP @ $42.45
Long 1 unit Ultrashort Real Estate ticker SRS @ $49.10
Long 2 units Direxion Tech 3X Bear ticker TYP @ $52.60
Long 1 unit U.S. Dollar Bull ticker UUP @ $22.56 stop @ $21.44
Long 1 unit Powershares Gold Dbl Short ticker DZZ @ $8.38 stop @ $7.84
Long 1 unit Powershares Gold Dbl Short ticker DZZ @ $8.61 stop @ $8.04
Long 1 unit Barclays 20yr Treas Bond ticker TLT @ $96.37 stop @ $94.94
Long 1 unit Barclays 20yr Treas Bond ticker TLT @ $96.50 stop @ $95.96
Long 1 unit Barclays 20yr Treas Bond ticker TLT @ $96.69 stop @ $96.09