Gumby's Trading Account

[Gumby]

Bought UYG @ $1.95 and TBT @ $45.50

Sold TBT @ $47.90 5.2% profit
Still holding a larger position in TBT that I have an average of $39.XX/sh invested.

Buy order in for FAZ @ $45.15.......may fill if we get a bounce this PM.

[etftalk]

Nice. I'd love to see 45.15 on FAZ, but we'd sure need a big rally this afternoon. I'm looking for FAZ or SDS myself by the close.

[Gumby]

Long FAZ @ $52.91
I have decided to DCA into FAZ today.

Atilla is in at $65 I trust his judgement. Something big is about to happen....I just don't know which shoe will drop next.
The new budget has some serious implications- especially longer term.

TBT is dropping like interest rates are falling. There must be a shift to bonds going on right now. Somethings up

[etftalk]

Long FAZ @ $52.91

Turns out to be a nice price.

[Gumby]

Turns out to be a nice price.

We shall see. Looks like the battle between the bulls& bears is raging.

I have a feeling the bulls have the government plunge protection team shoving money into index funds for them. I think we will end green for the day.

[etftalk]

The PPT must have run out of money.

[Gumby]

The PPT must have run out of money.

Remember, they are trying to balance the budget

Picked up more FAZ at $54.225 near the close. Maybe I can use that market order button after all. Have an average of $53.57/sh in FAZ.
I'll but more tomorrow if the price is right.

[Gumby]

I think we will end green for the day.

That was a pipe dream. I should have transferred all my TSP yesterday.....you know the story...woulda...shoulda....coulda.

I never thought I would see the day when trading TSP rivals the likes of SKF, FAZ, and SRS. I guess that 4 hr lag time has someting to do with it. Man, 4 minutes is a long time in this market.

[etftalk]

This chart shows that either things are going to have to change, or bank stocks are ready to roll over again...

[Gumby]

Sold UYG @ $2.29 bought at $1.95 on Feb 21. Still holding a position at a purchase price of $2.95 (Hoping to get my investment back on this in the future)

Unloaded full position of UYG @$2.49 Loss 15.6%
I think the financials are toast. That 100:1 leverage, mismanagement, government meddling, and greed is going to get them.