Selloff next week?

[Grieve]

Finally out of my FAZ. Took a loss but no where near what it would have been.

I broke rule on my system for managing these leveraged ETF. I did not put the trailing stop order in when I bought it. not say I wouldn't have followed all the way down......

Since I started this little experiment, i'm up 42%. Not bad, but my plan was to have doubled after 16 trades. This was the 16th trade.

Tough market to do this sort of thing...once it got out of that trading range it was in last year. Still being up 42% after all that is pretty good!

My trading account already dropped from 84% up to 44% up since March 29th...but I'm hopeful of getting back up to 100%.

Apple is trading at a ridiculous valuation. I suspect it's because of the Facebook IPO

I may have been onto something...FB down almost 11% today, AAPL up almost 6% on no news. I think like me a lot of people sold their winning stocks to buy FB, and now have sold FB and getting back to the winners. GOOG and AMZN both well up today as well.