haug01
Short

Opened short positions against the Nasdaq

FX:NAS100   NASDAQ 100 index of US listed shares
89 0 2
I bought SQQQ             9/16 $21 call options in my margin account and SQQQ             in my retirement account near the end of the trading day yesterday. Nasdaq had broken it's uptrend line and the mid-day rally had failed (I shorted Nasdaq first because it is weaker than SPX             and the Dow). A 1.25% drop with no late day rally seemed to support having an open bearish position over the weekend (5% of total assets).

Yesterday was a frightening day for the USA. It was the only major nation with falling stock markets. The US dollar             fell against all the major currencies . US 20 year treasury prices also fell. It this continues, it would be a flight of capital out of US stocks , bonds, and dollars. I am long on the Yen for the long term (months). I did buy TBT             and TMV             yesterday and they surged initially in the morning I expect that stocks will fall next week and the bonds will rally as the more likely scenario and I will stop loss on the bearish treasuries trade. If the premarket futures are negative, I will open more short positions as the market opens.

I have done a lot of research but am new to this. Don't make major plays on my posts as I have no track record of success.
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