Good God in heaven, what an insane day! We had the Euro plunge to new 21-month lows only to reverse and push everything higher – – including GDX, which soared nearly 5%! I covered some shorts earlier today and enjoy some nice gains from precious metals. I closed the day with just one long position – – my very, very large FXE long – – and my "pick of the litter" shorts that are well-formed enough to have survived the riotous bounce today. This market remains unbelieveably treacherous to bulls and bears alike. I'll do a post later once I catch my breath.
