Tuesday, April 15, 2014

FAZ Trading Position Update

You'd think with longs in the Q's and IWM I'd be closing the FAZ (3x short financials) position and I don't doubt it will see some drawdown, but looking at the signals there, I just can't justify closing the position especially knowing what the primary underlying trends look like, this may change as the market does every minute, but for now, I'm leaving some short leaning trading positions ( core shorts  in place without question) in place... at least for now

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