Trading Update, 9/18/11

Started a new long FAZ position with a single lot at 53.65, which is towards the bottom portion of the recent 6 week range. I am currently offering this lot at 63.65, which is below recent resistance in the 67 area.

I really enjoyed attending iFundTraders recent trading seminar in Boston. It was fun to see old friends and to bring an IT colleague with me. It was great to see Oliver Velez again too.

Disclosure: Long FAZ.

***remember this is an illustration of what i am trading and my thinking...it is not a recommendation for you or anyone else to buy or sell this or any other security...trade at your own risk...my positions my change at any time without notice***