Replies to post #6348 on MDA - Market Direction Analysis (MDA)

[bluejayday]

Good luck Augie. With all the reports due out tommorrow, I'm going to wait to see the numbers before doing anything.

[Myself °¿°]

augie...so did you hold your ground on the spike up this am? if so, nice call..do you plan on holding ryvnx till monday

[augieboo]

augietrade

Sold RYVNX @ 56.95 for a loss of $2.49 per share. Loss of 4.19% on the trade, which comes out to a loss of just under 1.5% of the account.

Now the really stupid part. Instead of going flat, I switched to RYVYX (+2x NDX).

So now I'm in RYVYX @ 11.14. UGH.

UP YOU BEAST!

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New plan:

Since I don't know where the fark this market is going, I'm going to take this opportunity to move most of my trading funds from Fidelity to Scottrade. (Scottrade doesn't have the best reputation in the world, but they do allow Profunds/Rydex trades without fees.)