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In the spirit of my “don’t let ’em scare ya” post earlier, I bought a decently-large position in TWM, the ultrashort ETF based on the Russell 2000. Thus, I have three positions in my”ETF-only” portfolio – – DXD (ultrashort Dow), DUST (triple-short miners) and TWM. As an aside I’ll mention I sold off half my position of DUST this morning at a nice profit, since Rev is scaring me. If this turns out to be a good move, I’ll congratulate my prudence. If not, I’ll blame Rev. Win/Win!
Super quick post just to say I’m not worried about the out-of-the-blue surge in small caps (see /TF). Keep your eye on the picture picture, even on an intraday basis.
