Melting

Still 100% cash, but my sleep cycle/body clock are totally out of whack. I couldn't stay up through premarket, fell asleep and got up around 6 am (noon Eastern) to find the market down big.

This isn't a shock, even though futures were up in premarket. Head fake, whatever. I've missed the ride on FAZ (14.63, +6.4%) again. Twice in the past few sessions, my timing on it has been completely off. Sold at 12.51 and 13.86 for small losses. Missed the upside by some incredibly bad timing.

VXX is up 7.1% to 28.87. All the inverse ETFs/ETNs on my list are up. GLD is down fractionally, but AAPL is own 1.9% to 249.00. This is no place to try and time anything.

As for the euro, FXE is down only 0.54% (122.80), but it hasn't moved up in ages, it seems. EUO (short euro) is up 0.93% to 24.83.

Think I'll go back to sleep.