Making money grow by finding bubbles and shorting them
Sunday, June 22, 2014
ERX, time to start shorting
It's always scary to go short leveraged longs in this frankenmarket but you got to start sometime. Since I am the opposite of a trend follower I initiate a small short position at this level, then wait and then accumulate some more if it goes against me. If it start to retrace right away then the profit will be moderate but still a profit.