Quick Trade Update

As noted to Trade Report members this morning, I took a small position in SDS today at $77.46. My upside target is $84-85.

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  1. Be careful we may rally if mark to market rule is suspended. I would set a tight stop loss. If we go lower with very dismal numbers Friday, we could reach 750 on S&P 500 easily so SDS would be at 87 range. Check out my blog for stocks and options strategies at optionmaestro.com

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