Trades for Monday, August 25

Phantasmix August 25th, 2008

For some reason I’m optimistic about the market tomorrow. I expect an up day, which means my current positions will suffer. I don’t have much time to trade this week, hopefully I can squeeze in a trade or two.

I’m going to be paying attention to (: ) and (: ). I want to trade them on the long side, as counter-parties to my current (: ) position. That’s breaking my “No Proshares ETFs” rule, but since I don’t want to give up on SKF yet, I feel this is my only choice to balance out this stupid trade.

So - daytrade UYG or XLF. Then, one day soon, I’ll be out of SKF and will never touch a Proshares ETF, ever again.


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