Thursday, June 18, 2009

Looks like it's time to Short the Ultrashorts again

for the next 7 trading days.

SRS/SKF/FAZ (July puts for a swing into NEXT week)

I "think" the buyers were waiting for 8500 to step in heavy. The later this week goes, the more window dressing picks up.....

+SAKSD in at 1.80 (looking for >4 by next week)

All levered etf's are made to SHORT more than to go long, for swing time frames.

(will add charts later)
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