Wallblog.com header image 4

I shorted SDS at these levels and so can you!

November 19th, 2008 · No Comments

I am expecting a snapback rally sometime this week, I believe that as we are at-near closing lows, this may be the best chance you could ever get to go long the market.
I would like to caution that this is a very long term play (years) and also a very short term play (days).
The only [...]

[Read more →]

Tags: ETF · Foresight · Trades

I firmly belive we have bottomed, or why I am holding SSO

October 12th, 2008 · No Comments

In my opinion, we found a bottom last friday.
It was textbook, the fall in the open on heavy volume, the high that followed. There is even a cup and handle  pattern in there.
I expect the dow to be back above 9500 by the end of the month, so I am going to hold my 2x [...]

[Read more →]

Tags: ETF · Foresight · Trades

Your medicine for a broken market: Why I bought SSO today

July 29th, 2008 · No Comments

First off the good news,
I WAS GRANTED MARGIN
That means I can finally go in and out of stocks like I have always wanted to, and in this volitile market, that is the most valuable thing you can hope for.
The market was set for a turnaround and looking at where oil was going I decided that [...]

[Read more →]

Tags: Foresight · Trades

The Tragedy of the Commons

June 18th, 2008 · No Comments

Everyone has been doing what would probably be the right thing for themselves in this market, unfortunately, this keeps money out of the market causing further drops and higher voitility, whell I hate to break this but

Move mouse over to view

Your Wrong

This is the best time to be getting into the equity market, there is [...]

[Read more →]

Tags: Foresight

Break over, its time to assault the market

June 10th, 2008 · No Comments

I decided to stay out of the market for the past two days, I just didnt have the time to spend the normal amount of attention to the market that i wanted, and on top of that, have you seen the market?
Sometimes the best trading move you can make is to not trade at all.
However, [...]

[Read more →]

Tags: Uncategorized

Why SSO is the most under-rated ETF in the world

May 25th, 2008 · 2 Comments

According to the people over at moneychimp, over the past 20 years the S&P 500 has returned 10.10% a year.
ProShares Ultra S&P500 Trust ETF (the ETF) (SSO) seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the S&P 500 Index. That would mean that if this fund [...]

[Read more →]

Tags: Foresight · Trades