I continue to lose money every day -- ever since the market turned... I have not adjusted to the new weakness.
The inverse ETFs kept trapping me and the long positions kept dropping.
Down again big this morning. I bought several long positions and they are all quickly losing money.
The only small exception is a breakout name: XODG -- strength is doing okay.
PUDA - one of my favorite coal names... is down big as well. I just tried to buy some today but the bid bounced back up. This may be a sign of strength/bottom.
With a weak market - I need to keep stops in place and remain mostly in cash. The correct play is shorting now.
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