I just added more short etfs and will keep doing so as markets keep moving higher. Added more positions to SOXS cost average now 4.15 WEBS cost avg 27.19 BKND 9 Shorting BULZ 14.50
I'm waiting for a market-wide top reversal. Then I will sell my entire position of TQQQ and buy SQQQ. Vice versa at the bottom. The whole nine yards. Tee Triple Q is at $56 now. I could definitely see it going back down to $40 before bottom reversal. If I can't make it on the Q's then I can't make it on anything. Q POWER! OORAH!!! I would actually like to see some big up and down moves before it heads up toward the pre-27Dec trend line.
Yes, markets just accepted the fact we could be turned into crispy critters and we can't control that outcome yet.