Today the market finally breached the August low, with SPY down 3.29% to 109.43. The small caps IWM and the financials XLF were both down over 5%.
I took off 1/3 of my SPXU position on the retest of the August low. Aside from it being at an inflection point, it’s my birthday today! Had to sell some joy and celebrate!! Now I have just 1,000 shares of SPXU in my trading account and 500 in my IRA, aside from 2 naken TZA Oct put contracts. I guess I’ll have to be happy just riding these position down.