SDS
Sold at $31.30 Today.
Although I think the market can further decline, and I expect it to that, I also think the market is due for a bounce soon as well. There is difference than wanting to be net short, and at this point the overbrought conditions are no longer really as bad anymore, and I'm not exactly a risk taker as a investor. So I decided to sell my SDS at $31.30. Maybe I will be wrong and it will go higher. In fact it wouldn't surprise me if It did. But anytime you buy this type of investment it is a trade, not an investment. and the worst thing you can do when you have a trade is turn a gain into a loss. I'm up roughly 5% counting Divy's on my investment, on a 13% investment, so actually have a decent profit on it in $ terms as my usual 3% position would be like up 22% to match the same overall portfolio affect. So nobody ever got hurt taking a profit. And that is what I did. All is just my opinion, and I could always be wrong though.
