Markets declining sharply again today. I bought 2 more units of HXD at 24.85. I was a bit impatient and rushed the trade -- it traded down to as low as 24.11 shortly afterwards. But now it is around 25.00.
Starting to see some signs of capitulation out there. US 10 year broke throught its resistence around 4.70 and is now trading around 4.63. Yen is down more than another point to 113. I think a lot of people are getting shaken out of dodgy, overleveraged trades.
MARKET POSITION: SHORT (4 units)
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