SPY

I had closed my longer term position in SDS, it wasn't that I think the market will go up, actually I think the market will go down more from here 1200 level, to test 1150 and then backup, the problem is SDS is for intraday trade and not meant to be holding longer term. I'm losing 5 to 10% just because of this. As you can see, we are at 25 to 26 level, but we are suppose to at 28 level...

Anyway, I'm out for now, lesson learned.