New Overnight Trade: Long SSO
(SSO: 49.849 -2.66%) – Ultra S&P500, long 200 @ $23.18
Other positions: short AAPL, short FSLR, long EEV.
That’s it for today!
Edited to add: target for SSO – SPX=880+
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Where is the Dollar heading? Part 1
(SSO: 49.849 -2.66%) – Ultra S&P500, long 200 @ $23.18
Other positions: short AAPL, short FSLR, long EEV.
That’s it for today!
Edited to add: target for SSO – SPX=880+
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Good ETF article
http://adamsoptions.blogspot.com/2008/09/ultra-lords.html
So many people still don’t get this after I try to explain it to them.
That’s pretty good, in simplified terms with examples.
What don’t they get?? Trading vehicle, period.
Joke of the last 3 months:
“Guys, which Ultra ETF would you buy to hold for 2 years?”
Long-term investments they are not.
F&#$ing crazy unemployment number, I’m in shock.