I think we'll have lower prices sometime early tomorrow that I'll try to sell my TZA at.
I think I'll keep my shorts on for at least one more day. If the 9-day back-and-forth pattern continues, tomorrow should be a down day. And with small caps under performing it could be quite profitable to be in TZA. Maybe then I'll snap to it and get on board with the Fed!
I've been following J-Trader's blog and appreciate the posts here ... as I'm still trying to figure it out!
Funny how the mind works ... I had some long trades that I closed out this morning for a decent gain, but am itching to go short. Reading these posts I see that those who are currently short are tempted to get out. Hmmmm. Maybe I should not try to time things perfectly and sit in cash until the trend resolves itself.
LOL ... I'm figuring out that lesson myself. Don't fight the trend. Don't fight the Fed. Anything else to add to the list?
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