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16 Oct
Posted by Sensei @ 5:52 pm on Thursday, October 16th, 2008 in Financials, Leveraged ETFs, Leveraged Funds, Market Comments, Trades
I posted earlier that I bought QLD, UYG, and UWM. It turned out to be near the exact bottom of the day – sweet.
Bought QLD @ 29.17 | Sold @ 33.96 gain of 16.4%
Bought UWM @ 21.88 and @ 22.71 Still holding
Bought UYG @ 9.29 | Sold @ 10.39 gain of 12%
I held onto UWM as opposed to selling everything. No particular reason other than limiting risk a little bit. After I sold them I thought it was the wrong move. Oh well, I’ll buy em back.
The above only applies to todays trades. I still own QLD, DRYS, and CSIQ from 10-14-08 which I think will all soon be profitable.
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