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03 Dec
Posted by Sensei @ 11:38 am on Wednesday, December 3rd, 2008 in Leveraged ETFs, Leveraged Funds
Looks like RUT might test 451.3 or 456.52.
I’m short the indexes, and bought short ETFs this morning too including: QID, REW, SZK, and SMN.
Then picked up some TNA as a, yawn, hedge that I will dump at those levels if reached.
Market typically doesn’t bottom on a Wednesday (from Art Cashin) and I think today will close closer to flat rather than up or down.
Tags: indexes, QID, rew, rut, smn, szk, tna
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