Posts Tagged ‘efu’


Posted by StockRake on September 10, 2008 in Financials, Leveraged ETFs, Leveraged Funds, Trades

Very Nice Down Day

Well the shorts worked out great today. The RUT was good for 7%, and the NDX was for 4.7%. I like to eat whoppers and we got one in the market today. Yesterday I posted about selling out of the ETF’s, I didn’t exactly sell everything. I had a small QID position as well as …

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Posted by StockRake on September 8, 2008 in ETFs, Financials, Leveraged ETFs, Leveraged Funds, Nasdaq, Trades

Piled Onto The Friday Afternoon Short Trade

This morning I went into the indexes heavy adding to my Friday shorts with markets up considerably higher than where they are now (Dow +148, NDX -20, RUT +7.85, SPX +11). Bought: QID, SMN (tried to buy both EFU and FXP – seeing now the trades didn’t go through – damn FXP was good for …

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Posted by StockRake on September 4, 2008 in Stock Comments

EFU New All Time High

Son of a $%#$%#$%#$%#$%#$% “EFU – Sold EFU today with a 3.6% gain getting out @ 102.42. Now EFU might have a slight selloff due to the US dollar pulling back after its enormous move, but again, in the coming weeks if the US dollar rallies, EFU should break its all time high (very close …

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Posted by StockRake on August 14, 2008 in Agriculture Stocks, Biotech Stocks, Leveraged ETFs, Leveraged Funds, Market Comments, Oil Stocks, Solar Stocks, Trades

Waiting Before Jumping Long

It may bite me in the ass, but I’m waiting to get long. Till Friday to see if either tomorrow or Friday provides a down day that will make my shorts profitable. I’m bullish intermediate term, so I’m playing a high risk, arguably, low reward trade here. However, I still have confidence that it will …

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Posted by StockRake on August 13, 2008 in ETFs, Leveraged ETFs, Leveraged Funds, Market Comments, Stock Comments

Sold EFU Into The Gap

It wasn’t a good trade, but it was a nice profit. EFU is breaking out and I sold into the breakout like a shmuck. I think its going a lot higher, but I have the patience of a hamster on viagra. I may buy it back. However, I’m still holding my watchlist picks of HOGS, …

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