Friends sharing thoughts...

[Swing Party]

Short etfs that track the market like labd, uvxy etc follow the ‘rule of nine’. When the market is going up these etfs will decline from a top to a bottom in roughly nine sessions. If they are coming off a double top then it may be a couple of more sessions. Currently these etfs are on day nine of decline. The bottom may have been friday. It might be tomorrow. Point is that I believe it is close to a short term bottom. I am currently in labd for about 2000 shares and i am looking to add more if it drops another 5 percent or I will try to get a buy in if it takes off as well.