Username Password
S&P 500: 1,340.35 Change: -0.84%
MackTheKnife
P&P Score: 99.12 | Points: 103.40 | Accuracy: 73.48 | Average Pick Score: 1.44   Annual Return: N/A  
Open
 
Closed
 
All
 
Commentary
BUY: DIREXION SHS ETF TR (BGZ) Rating: 1
Start Price: $93.80
Points: -18.04
Created: 11/20/2009
With the Russell 1000 Index (RUI) apparently reaching the top of its current trading range on Monday, I believe a short position in the Direxion Daily Large Cap Bear 3x Shares (BGZ) exchange-traded fund may provide a reasonable return on investment in the short term, although the days before and after the Thanksgiving holiday might be problematic for it.

1 Comment(s):

Author MackTheKnife     Date 2010-01-12 14:13:48
Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.

register
Sponsored Links

Free Options Trader Guide