Tuesday, May 18, 2010

FAZ surge

In FAZ at 14.76. Out FAZ 14.99.

Got up from a good night's sleep around 7 am (Hawaii time), which was a gift from above since the market turned at that point into a clear direction. However, I hesitated to enter FAZ and VXX. FAZ was around 14.10 and VXX was around 27.75 at the time.

FAZ reached 15.04 before finally reversing. VXX hit 28.99.

No complaints about a small profit, though. DJ was down 110 or 120 points, now -95. Could end up back at 0. Or -200.

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