Wednesday, July 22, 2009

Buying a little QID/SDS at the end of the day

looking for a pullback near term in the markets... these are trades and will be closed in a day or two regardless...

the SDS (2x short S&P 500)
the QID (2x short the Naz 100) - Naz 100 has been up 11 days in a row!

stops will go below today's lows in these etfs (said another way above the highs in the markets today) - so the stops are tight here. either i'm right or i am out quick.

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