Tuesday, October 28, 2008

A little room

After a melt up in the market, the 11% surge, I got a little relief for my beaten down positions.
  1. On Oct.14th morning, all my new positions (MOS, MOO, SSO, QLD, KOL) are ahead. Now, only SSO and UWM are ahead.
  2. MOS, MOO,QLD and KOL are way down. And this is after a 11% surge in market. Both QLD and SSO are up over 20%.
  3. Now I have a little room. I hope to sell into strength. First to go are the 2x ETFs.

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