Tuesday, September 16, 2008

Messie

With the ETF's (SKF/UYG/QID/QLD/DXD/DDM....) You don't have to short, you just have to buy them but know which one is long and which is short. I don't want to give you advice based on how I do it because i'm able to buy MANY lots, but SKF has pulled back pretty hard from this AM so i'd be leaning there.

1 comment:

Anonymous said...

Cool thanks Joe... I'm not going to buy yet... just wanted to figure out what you guys were doing and I'm going to watch them for a while... I sold off a bunch of stuff yesterday and I'm glad I did because things kept tanking. I saved a bit of money so now I have some scratch to play with should the opportunity arise. I may buy back those shares I sold should the market stabilize.