Like I said yesterday, we gonna see these kind of Zig-Zag with greater extent, which I believe is the charater of a local top. Tomorrow is WFC's and MS's ER, I don't wanna mess with them, so I will only enter SDS if the market is over 874 ( that's +3%). The chance of hitting that is not very high, but it's good to be conservative.
One good thing about these 2X, 3X ETF is that you can calculate almost exactly at what SP500 or XLF price you wanna go in.
I expect those solar ADRs to drop at least 15% , then I will think of getting in. I would rather miss a rally than being trapped.
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