What a wild ride on Friday. We were all over the place with price destruction and big volume. At the end the Dow was down -128, Nasdaq up 4.39 and S&P down -10.70.

We have hit a temporary bottom. This price destruction that last few weeks was equivalent to 1987 black monday. I think this week we will see the Dow climb over 1000 points to around 9500.

I went long gold stocks like GLD, AEM, DGP.

Long GS, UWM, FXI, UYG (augh the Financials), and dare I say it DIG which is the long oil.

These are for trades for the next week or two, then we made capitulate and then down again….but I hope not.