Long!

March 20, 2009

ETF Watch List – 20.Mar.2009

  • PGF
  • ERX
  • UYM
  • TNA
  • DXO
  • FAS
  • REA
  • ENY
  • DYY
  • UCO

I still feel comfortable being long, volume has been good.

But please make sure you lock in profits at every opportunity.

Money management is key, I have been locking profits as early as 8%.


Rally

March 19, 2009

I have made a killing on FAS in the last few days, I have been locking in some profits.

The S & P – 500 had high Volume yesterday.

The really initially started with beaten down stocks.

But now the large and mid caps are showing strength across the board as well.

I am LONG for the near future.

For a safe play you could consider SSO.


12.Mar.2009, 9.00 AM

March 12, 2009

ETFs I am watching this AM

Symbol     Last    $Stop-Loss
GDX    32.05    29.29
DTO    210.97    188.15
DGP    19.51    18.13
RKH    41.12    36.4
SCO    41.28    36.83
KBE    11.65    10.43
FAS    3.96    3.06
FDD    8.1    7.55
RYE    30.41    28.6
UYG    1.96    1.67


Short

March 5, 2009

06.Mar.2009

The market is going to go lower, all these ETFs on the short side topping the scan is very evident. The market looks very weak for a decent rebound. Thus I am short even if we see a small bounce.

List:

FAZ
RFN
TZA
SKF
SIJ
BGZ
SJH
DPK
SRS
SJF


Dead Cat Bounce!

March 5, 2009

The bounce is not strong enough.

I have been monitoring the S&P-500 acutely.

The rebound was a very soft one, thus I still do believe, we might have a down side in the near term.

But again it is not about opinions.

ETFs showing in my scan:

FAZ
TZA
RFN
SKF
SIJ
BGZ
SJH
SJF
DPK
SDD

I am still holding TZA from before. No new positions yet.


Uncharted Waters

March 4, 2009

We are in difficult situations here. I strongly feel the market will have a short term rally soon( 1 week or so).

Sit tight and preserve your cash. When in doubt don’t do it.

Keep and eye on FAZ , FAS and TNA for quick day trade only.

DO NOT HOLD THEM OVERNIGHT~


Another Bottom?

March 2, 2009

I had a great day, locked in some nice profits in the last 5 minutes or so. I am using prices in the table at close for convenience of calculation and the ability to look back for future visitors to verify.

ETF

Entry-Date

Entry Price

Exit-Date

Exit-Price

%P/L

SIJ

26-Feb

84.97

2-Mar

101.01

18.88%

EWV

26-Feb

102.19

2-Mar

113.15

10.73%

SJH

26-Feb

99.49

2-Mar

115.17

15.76%

EFU

26-Feb

127.85

2-Mar

141.66

10.80%