sfsamperi.blogspot.com

You have to survive

You have to survive
Every day is a battle, survival is rule #1

Thursday, September 16, 2010

I exited DBO, it was sluggish from the start. Tiny .1% loss. I think i will avoid those specialized tracking funds from now on, kinda destroys my "reverse with the market" concept. oh yeah, im only looking for reversals when the S&P 500 might reverse. Im not going to watch any specific industries, thats too hard for me to do and fairly pointless since the S&P 500 is the average and they all correlate with its hi/lo's pretty well.

The market is consolidating on its resistance level right now. I will be looking for short entries every day until it finally drops.

Im holding DBC and CBD.

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