Posts Tagged ‘efu’
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 …
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 …
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 …
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 …
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, …
