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16 Sep
Posted by Sensei @ 10:36 am on Tuesday, September 16th, 2008 in Financials, Leveraged ETFs, Leveraged Funds, Trades
Wild morning so far. I sold all my inverse etfs on the market gap down. A very sweet trade for 2 days worth of holding. I also trimmed back my index funds at this mornings window significantly. I am now lightly short…very lite.
TWM in @ 70.88 out @ 77.11 = 8.7%
SKF in @ 119.86 out @ 142.53 = 18.9%
SDS in @ 71.18 out @ 76.75 = 7.8%
MZZ in @ 60.25 out @ 65.47 = 8.6%
MZZ in @ out 61.08 @ 65.72 = 7.5%
I thought I had QID, but I didn’t I had two batches of MZZ.
If the market rallies today I want to get short.
Tags: ETFs, gap down, index-funds, market gap, market rallies, mzz, sds, skf, twm
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