Posts tagged UltraShort
Diversify your bearishness, toss in the nasdaq: or why i like UltraShort QQQ ProShares (QID)
Nov 1st
Dont worry, Im not just gonna keep my hate located on the s&p 500, of all of the indexes, the nasdaq seems to be behaving the most bearish, as such I am recomennding UltraShort QQQ ProShares (QID).
It is important to make sure that you dont through all of your bags on to one new york city bums shopping cart.
That strand of geinus being said, although it might have better been left unsaid, the market could go anywhere right now, probably down, but it is my wholeharted opinion that by friday we will have an intense fear based sell off (probably on the gdp #s)
TooLongDidntRead: long QID
Chart of the day, pick of the day, UltraShort S&P500 ProShares (SDS)
Oct 30th
SDS is once again testing its recent range low, as such, I am reccomending it as a BUY with a sell order waiting for it at 108.49
I will also restate that it is my belief that the market is rangebound for the moment, as such, I am also reccomending taking some of the gains from your long positions and waiting for a better price to occur.
Remember, dont trade with what you cant afford to lose.
Take the 50% gain,or why i would be long UltraShort MSCI Emerging Mrkts ProShares (EEV)
Oct 30th
So, id like to thank all of my readers for their responses, I appreciate the emails. (use the contact me link above)
That being said, I stand by my claim, you SHOULD NOT BE SHORT THIS STOCK ANYMORE!
I am on full confidence saying that you should be going long this stock at the first oppourtunity.
I think we have peaked.
I think we are due for a nice turnaround. As such i have a small portfolio for you to use with your new gains
LONG Short
EEV UYG
SDS SSO (Yes i realize sds is right next to this, this is to negate the constant leverage trap)
DUG
Why if you listened to my position on UltraShort MSCI Emerging Mrkts ProShares (EEV) You Made 40%+ today
Oct 28th
If you did win with this trade today, my humble advice to you is to take the trade.
You got a 40% gain off my advice today, I fully expect a sell off day by close of thursday, as such, I am reversing my position on this stock.
Why I would be short UltraShort MSCI Emerging Mrkts ProShares (EEV)
Oct 27th
It is afterall an emerging market, and as such, its much easier to sell at a obvious peek like we have right now, The constant leverage trap is providing you a excellent oppourtunity to make a quick 20% (remember to set out prices, otherwise this one might sting.
P.S. im going to be posting alot less from now on due to work, quit emailing me, it just pisses me off, use the contact me link above.
Sold off my UltraShort Oil & Gas ProShares (DUG)
May 29th
I recently went to the trading room at [[Seton Hall]] to hang out for a bit and do research on the [[bloomberg terminal]] and saw “The Finance Professor” [[Scott Rothbort]] when i was alerted to the possibility of a 1.2 billion dollar joint venture to Inverness Medical Innovations (IMA). Now, im not that much often to try to catch a news announcement, because honestly, i have horrible timing. Dont get me wrong my picks are great, but my timing is absolutely horrendous, i waited for a pullback and then managed to pull the trigger about .40 too early, but that’s besides the point. I had been thinking for a few days that Dug might be in store for a retracement, and on top of that I knew that my long delayed paycheck was coming to SIGNIFIGANTLY increase the size of my portfolio(speaking of which, try to save 10% of your paycheck if your near my age, its almost an automatic ticket to retiring very, very wealthy, even with a cautious return.) So i decided to try my hand at catching an earnings play, and it paid off today, but that in a nutshell is why i sold off DUG, for all of my followers i might suggest reducing your position alittle, maybe a fourth or a third, after all, there’s a saying on wall street. Pigs get slaughtered.
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