06Feb1:54 pmEST

The Quick and the Dead; Chess Moves

the-quick-and-the-dead-movie-clip-screenshot-i-wont-draw_large I sold off a few pieces of my UWTI long since my last post, first at $3.87 and now at $3.89, from my earlier $3.69 entry. I moved my protective stop-loss to my entry price, and now have a 1/2 position in the triple-long crude ETF. This is quick day-trading, given the volatility in crude, still mired in a steep downtrend, and given the volatility of these levered ETFs. UPDATE: Sold the rest of my $UWTI long at $3.70 here to close out the day-trade. My open position: Short NKE.

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