老蛇correctly read the immediate trend after Friday. All my shorts stopped out today (with smaller gains). Short-term trend is unclear to me. Will wait for ST. Entered /NQ long for DT.
If the uptrend resumes, my sector focus (for the first half of 2011) will be in semiconductors, technology, and energy - so will likely to play SOXL, TYH, and ERX more than others for ST. Probably will not touch the financials for a while. I'm shifting further away form individual stocks. The 3X ETFs are powerful enough and less risky (than individual stocks) for ST if focused and followed the market trend. BGU, for instance, doubled since the July 2010 lows. |