Tuesday, February 10, 2009

A few things learned.

  1. For 2x, 3x ETFs, like SKF, SRS, FAZ,TNA,TZA,FAS. Buy on extremely oversold; better sell OTM puts when you want them.
  2. For options, just use SPY or QQQQ, next month on extreme case or catch a trend.
  3. Selling and buying on extreme case in the trend is great, like th AMZN and AZO shorts so far.
  4. Don't chase.
  5. Have a balanced portfolio.
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