I'm currently short 1% DJ and 1% SP futures. I held 16% SDS coming in. Just bought 4% SDS 29.30.
I just broke my money management rules.
My money management rules state that before I can increase short ETFs beyond 16% I must see the SP futures 30-minute M/A broken again on the downside. Currently at 1134.75, the break would occur on a 30-minute close below 1129. This is a long way down.