Experiencing some discomfort
Duster--since you asked.....yes, I am have a bit of discomfort on the DUG's bot yesterday:
"bot DUG's 44.83
2x short $DJUSEN (oils) index
This might cause some pain."
I actually even added another serving (late yesterday) at 43.93
I still think $DJUSEN chart is a bit extended.....so will have to wait this position out a bit to find out.
Ditto on yesterday's QID's (some pain). But so far NDX has not gotten past 1810 level. Without more help from MSFT and AAPL, NDX is an underperformer. (Course--that can change on a dime, too.)
Pain is certainly not desired.
SPX market is overall acting fairly "spunky"--TRed may well be right that a big "surprise" rally might be in the works.
--ChartReader
"Every day when I wake up, a thousand paths open up before me." (Henry Miller)
