Friday, February 5, 2010

2sweeties

Well the RL's screwed me once again. the RL at 1060 was stopped out, so I was waiting for 1035... never happened and all the profit I was in on TZA went out the window in the last half hour. very frustrating. I knew there would be a bounce here but I was looking for a turnaround at a lower spot. So now.. I wait for a run up, so I can get on the puts. meanwhile my current position will go back into big loss with no money to buy options on TZA. So far its an 8.3% pullback on the dow, 9.2 on SnP, 9.7% on nasdaq, and 10.6% on russell 2000.Is this all there is!!!?? I would think not.

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