What a day for oil. I considered dumping my DUG this am but set a 24 stop instead. I kinda expected it to go up some and come back. It went up a little to much, stopped me out, and came back down. Ouch.
The other day I wrote a tweet to Alamo from http://finz.tv/blog/ saying I liked individual stocks for over nights and swings, while ETFs were good for days. That is exactly why. ETFs are taking huge swings throughout the day. And me all out of my three daytrade limit. ):
Also stopped out of SSO puts but still holding CECO.
Good news for short GBP/USD right now, as we speak. Just made up for my losses today in, as chart addict from ibankcoin.com put it, this FUBAR market.
Good night