Thursday, September 10, 2009

ITZ PIX: Portfolio Update (SDS)

Itz Pix suggested hedge ProShares Ultra S&P500 (SDS) is trading around the STOP of $42. Entry level was $44.62, keep an eye on this, if it continues to trade at this level prior to the close, SELL. We can re-enter this trade again. Remember this ETF trades at a 2:1 leverage to the inverse of the underlying index. Link to chart

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