Sold SSO @ 16.27 pre-market.
The market may rally, but I feel better being flat the S&P right now.
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This may be a moot point by the close, but the SSO trade I made, buying after hours yesterday, and selling premarket today, worked out because you can actually get some good fills pre/post market close as emotions run high, and shares are thinly traded.
I sold SSO at 16.27 at about 8:20 AM ET (I had to set my alarm because that's 6:20 AM my time :wacko:) and a half hour into "real" trading, the high on SSO is just 16.21.
So, if you are trying to get in or out of a position, try throwing a "best case" limit order out there in the after / pre hours trading. You may be surprised.
I'm joining Gumby and selling short BGU (3 X bull):
Sold short BGU @ 16.61
Sold short BGU (3 X bull) @ 17.20.
Tight stop above today's high.