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Bought more NFI at $3.40. Ouch. Now my basis is at $3.96. Was thinking last night how to hedge against it. Got the answer today with the DJIA's 250-point drop. QID is the perfect hedge. It goes up twice what the Nasdaq goes down. Bought QID at $56-$57.
Practice account:
Wish I had shorted more Treasuries, but the September's weren't available. I'll just have to hold onto the one I have left. I still got a better price than current market for the June's I sold. Other than that, just waiting. I've got a lot of room to maneuver.
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