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Lost Some Dough Today Flipped It
30 Sep
Posted by Sensei @ 4:48 pm on Tuesday, September 30th, 2008 in Leveraged ETFs, Leveraged Funds, Trades
I flipped my short for a smaller long trade that I plan on exiting tomorrow if the upside continues. I’m still in awe of the daily moves in the general markets. It looks like a 3.5% and 5% loss from the morning trading window - that really blows, but it wasn’t a heavy position, but it wasn’t exactly lite either. Getting two days in a row on the right side of the trade has been a difficult task this past month.
I posted a list of long double beta etfs today and I will buy the usual suspects most likely on Friday for a trade to the upside heading into the following week.
A few things setting up here:
FLIR - I love the way this chart is setting up.
Thanks for reading
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