These were the stocks I recommended and their prices and their current prices.
FAZ - $18 - $23.50 - 30.6% gain
SKF - $90 - $107 - 18.9% gain
SRS - $51 - $60 - 17.7% gain
The good news is that I expect further upside in these stocks over the next several days. We could see the increase %'s double before the market turns up.
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Oh yeah baby! I have first and only buy of FAZ at $19, first and only buy of SRS at $50, and my last buy of SDS at $73. I still wanted more pain on the short side as I still had some funds in case we rallied further but this will do just fine! I'll just have to add more shorts on some sort of pull back on the way down.
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