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One more Short idea

by Chuck on August 15, 2007 at 8:47 am · 1 Comment

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

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Lisa says:

August 15, 2007 at 10:44 am

How do you deal with the low liquidity on this?

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Predictions for 2010 - Come Hell or High Water. Read my 2010 Predictions HERE

Welcome to RebelTraders. A place for economic and market analysis without the hype and BS.

Financial Terrorism & Wall Street - A RebelTraders Editorial -- Read the Story HERE

One more Short idea

One Response to “One more Short idea”

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