I got stopped out of my -2.0 trailing stop for DUG. I got these shares for \$33.70 yesterday. I lowered my mental stop from \$32.40 to a -2.0 trailing stop so that I don't have to keep an eye on it. And \$31.70 was the low from yesterday. As you can see from Figure 1, DUG has broken below my trendline cleanly today. I will not enter until there's some good sign of weakness in the market. Figure 2 on the S&P internals shows good strength throughout today. However, it seems to be weakening on the bump to 870 as I write this.
[caption id="attachment_920" align="aligncenter" width="500" caption="Ultrashort Oil & Gas"][/caption]
[caption id="attachment_921" align="aligncenter" width="500" caption="S&P internals"][/caption]
: http://traderpau.files.wordpress.com/2008/11/2008-11-26-dug.png : http://traderpau.files.wordpress.com/2008/11/2008-11-26-spxintra.png