kdeandre
User
 Platinum Boarder
| Posts: 176 |   |
|
Re:SLGLF wake up!! - 2008/09/20 08:42 pm
Brent, i did a little research and the etf that i've been trading was not one of the 799 securities protected from short selling. the more i dug the more i came to understand the order, it involves the naked short sales that are being targeted, and about delivering the "borrowed" shares. anyway the name of the fund i have been trading is UltraShort S&P500 ProShares AMEX SDS, success comes when we go long SDS, when the S&P rallies, the RSI @80 on the 60min. chart has been a good entry point, the volitility has made the trade in this bear market pretty predictable. anyway just FYI. but i hear ya EVERYTHING that glitters seems undervalued right now!
kd
|