Wednesday, May 20, 2009

33% SDS

Today was a reversal day and I will start to wade in the troubled waters of investment by placing 1/3 into SDS at tomorrow's open. If we do get a break through the 20DMA I will then add to this position another 1/3. Later I will add the last 1/3 when we are below 820. I am trying to play this cautiously. I will give myself room to exit the trade if we somehow rally past 1030 mark.

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