Trade Recap

I just added some $TZA here near the close, and will not waiver from my recent bearish stance. I still have longs, like $MCP, and I did add $RENN early this morning, but for the most part I think the risk/reward favors the bears.

Just look at the $IYR, still tripping over itself, and names like $X can’t get anything going. This chart comes to mind from one of @ChessNwine’s posts, a battle for Pebbles.

Less is more here.