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Nice call getting out of TZA.

Nice place to get out also — right under the pivot.

1167.04 is the other 3 min gap from friday

Still have all of positions. I will let you know if/when I ever sell them!

OUt of TZA at 7.29

$SPX 1163.29 gap filled from friday

I followed Carl this morning, in and out of TNA (over my own objections) as Carl bought and sold. Worked out well this time.

I think it will also. MY gut said sell at open and I didn't.

Overbought I meant:) Need some coffee.

My own answer – dollar getting stronger, Euro and commodities getting weaker. Every indicator shows oversold (McClellan about to turn down, bullish sentiment high, CPCE at a low). Let's just hope these work.

Sundancer, last time we hit that containment level, we just burst higher. Why should this time be any different?