Wednesday, December 03, 2008
Above find yesterday's stock market result.
After a 40 point rise on Friday, I just knew that the UltraShort Finanacials ETF SKF would be volatile.
I bought it at 161.98 and sold it 164.43 on Monday.
Then I jumped in again at 153.82 and let it out at 167.39.
And I bit once again near the close at 152.92.
I also went out long the UltraShort Real Estate ETF SRS at 128.00. It's the first time I've touched that in a while. Remember, after I sold it, it skyrocketed to $295 a mere two weeks ago.
UPDATE - I sold the SKF at 162.90 before the open (Tuesday).