Wednesday, August 15, 2007

One more Short idea

This is a plan to buy the 2x short of the Russell MidCap Growth. Symbol SDK.

Keep an eye on SDK and if you see the price move above $71.10 then I will be buying (long) SDK. Remember that SDK pays 2x for every point drop in the Rusell MidCap.

Correction: sorry, typo: buy on move over $72.10

http://www.proshares.com/ for information on how the ETF's work

1 Comment:

Lisa said...

How do you deal with the low liquidity on this?

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