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Monday, June 22, 2009

Silent Movers

These are what I call silent movers because they move up quietly while no ones pay attention. Disclosure: I tweeted and bought EEV this morning. I made no trade in SRS since I am already shorting the underlying.

Yes, Yes, I know. You all probably read how bad leverage ETF are. They are bad if you are betting against the trend. But notice that the trend is in your favor now. I have done enough research to know better now. Do not hold them if they turn against you.



Not find much I like because of the huge down move, so there might be a bounce and everyone is expecting a bounce as well.

NTAP make a good short.