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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 | |  | 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 | |  | 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 | |  | 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 | |  | 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 | |  | 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: | |  | 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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