Wednesday, October 26, 2011

Intraday update

Despite the rather bullish economic news (see below), market is tanking heavy since the opening gap up.

Copper is up 4% at this point and in the meantime, the euro is dropping fast after what seems to be a failed breakout from the last 3 days. Down >100 pips in just over an hour...

My remaining TZA hit the stoploss in pre-market, out 2/3 at 33.97 for minor profits. I regret I didn't take more profits (another 1/3) yesterday near the 35-level.

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