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Daily Position Review March 11, 2009 |
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Wednesday, 11 March 2009 21:34 |
| Stock | Position | Entry Price | Closed Price | Profit/Loss | Action | | BGZ | SHORT | $116.50 | $88.75 | +24% | Closed | | SRS | SHORT | $107.34 | $68.80 | +36% | Closed | | SKF | SHORT | $264.02 | $165.83 | +37% | Closed | |
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Wednesday, 11 March 2009 17:10 |
| Stock |
SKF |
 |
| Position |
COVERED |
| Price |
$165.83 |
| Profit/Loss |
+37% |
| Reasoning |
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Market started to show weakness after yesterday's rally.
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Wednesday, 11 March 2009 17:08 |
| Stock |
SRS |
 |
| Position |
COVERED |
| Price |
$68.80 |
| Profit/Loss |
+36% |
| Reasoning |
|
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Market started to show weakness after yesterday's rally.
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Wednesday, 11 March 2009 17:05 |
| Stock |
BGZ |
 |
| Position |
COVERED |
| Price |
$88.75 |
| Profit/Loss |
+24% |
| Reasoning |
|
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Market started to show weakness after yesterday's rally.
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Daily Position Review March 10, 2009 |
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Tuesday, 10 March 2009 22:16 |
| Stock | Position | Entry Price | Last Price | Profit/Loss | Action | | BGZ | SHORT | $116.50 | $93.00 | +20% | Still Holding | | SRS | SHORT | $107.34 | $70.60 | +34% | Still Holding | | SKF | SHORT | $264.02 | $181.42 | +31% | Still Holding | |
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Friday, 06 March 2009 22:06 |
| Stock |
BGZ |
 |
| Position |
SHORT |
| Price |
$116.50 |
| Profit/Loss |
- |
| Reasoning |
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Market is oversold and is up for a bear market rally. BGZ is triple inverse Large Cap ETF should move triple the market on any rally. Trade with caution.
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Friday, 06 March 2009 20:48 |
| Stock |
SRS |
 |
| Position |
SHORT |
| Price |
$107.34 |
| Profit/Loss |
- |
| Reasoning |
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Pretty much the same as SKF: Market is oversold and is up for a bear market rally. SRS is double inverse Real Estate ETF should move double the market on any rally. Trade with caution.
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Friday, 06 March 2009 20:45 |
| Stock |
SKF |
 |
| Position |
SHORT |
| Price |
$264.02 |
| Profit/Loss |
- |
| Reasoning: |
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Market is oversold and is up for a bear market rally. SKF is double inverse Financial ETF should move double the market on any rally. Trade with caution.
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