I hate, hate this market. Buy and hold is forever gone. Short term trading is terrific, difficult but the only game in town. One wonders why Trade Station (TRAD) isn’t doing better. I played golf today and my partner told me that he said hello to a mutual friend at Sam’s. The friend was at the exit door checking carts vs. register receipts. This guy lives in what was once a million dollar house on our golf course. I hate what this market is doing to people like that to people like me. I see it in friends faces everywhere.
I bought more SDS this morning but will not hold overnight. Once the morning direction is determined it ts better to pay the commish than watch profits deteriorate.