Well today I just had a gut feeling looking at the charts last night that we were going to have a positive morning, but I had no idea this big. Today was a big day on a lot of levels.
First, after watching the pattern in TTM the last 2 and half trading days, I decided to sell TTM for a $33.97 profit. Might have been a mistake, but seeing that I can’t monitor the market right now because of vacation, I took it.
Then I to gamble again on the SPY and SPXU, but I knew I couldn’t watch the market, so I just jumped in water without a life preserver. Normally, I would wait for the nose over or a could indication of a reversal, but once again I could not. So I’m a bit under on my 200 shares of SPXU. JASO, did a little move to recover today, but once again got tired at the end of the day. Stop loss will remain @ $8.10 and I expect that I will be bounced if the market reverse in the near future.
I expect the SPY to pull back tomorrow just because it appears to be over bought on a lot of charts. I think it just popped up to quickly and the last 45 minutes, there was some heavy selling.
$33.97 realized profit today. October realized gain = ($123.16) AVG = ($41.05) a day. Personal goal = $50 a day. 3 of 21 trading days for October complete.
Unrealized and still holding:
JASO - ($114)
SPXU - (180)
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