The SDS trade is doing well so far. The short-term model is back near oversold. Ayone in this could consider exiting tomorrow morning, but I will wait to post the exit until the short-term model does enter the oversold region. I will not be looking for a bullish trade at that point though. I feel that we may be close to a breakdown type of point in the market.
Also, the FRO put option trade made headway today. I will plan to hold that trade till expiration, but anyone in it may want to consider selling at 100% gain or 150% gain.
Trades I would make today include DD, DIS, AZO, BNI all for put option trades probably with October expiration and at-the-money or in-the-money strikes.
Pete
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