Friday, March 20, 2009

Nice Day

 Today made about 9%(+$206.30) with FAZ up 15% and SDS up 4% while my small DO position lost 5%.  I slept most the day and woke up around 215 and saw some weakness showing in SDS so I sold my entire position and bought it back 3 mins later to drop my avg $0.27. This was something new I tried. I failed on FAZ because I got greedy. Sold it $33.45 and could have bought back at $33.00 but could not pull the trigger fast enough and before you know it, it was back at $33.46 where my buy went in. So pooped that one. Oh well win some, lose some. 

S&P closed below 770 which should provide some bearish sentiment to kick back in. We will see how Monday plays out. 

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