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12 Oct
Posted by Sensei @ 10:36 am on Friday, October 12th, 2007 in Leveraged ETFs, Leveraged Funds, Market Comments, Trades
I cashed out those index longs I said I wasn’t going to do unless I got a “gangbusters” move. Who uses that word anyways?
Bottomline is that NDX is up over 2% and the RUT is giving out 1.2% as of this posting (now market making new highs). I decided that it was good enough for me. 10:45 opening bar is where I get paid.
Remember, I always sell early, so don’t be surprised if today we finish up 3% or higher. We might do the same exact movement we had yesterday – ie getting stronger all day, except without the whole selloff bit.
Tags: gangbusters, index-funds, Leveraged ETFs, Leveraged Funds, Market Comments, ndx, Trades
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