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6 pts

Opinion on  UltraShort Russell2000 ProShares (TWM)
strong start to 2009

Jan 04, 2009 07:27 AM GMT
Me
Return Risk
+1.51% HIGH
Sr. Associate

will unfortunately be short lived. markets will have to continue their downtrend for the current time being and probably much of 2009. corporate revenues will continue to decline etc etc due to slower business environments.

i'd say early next week may show a little strength, and that time would be the time to pick up a few shorts or buy a few guys like TWM, SKF, SDS etc. short-term trade as i wait for commodities to correct.


TWM:  This call was made on 01/04/09 @ $60.61
Rating:   Positive   $60.61 (01/04/09)
Closed:   01/09/2009 @ $61.16 (+0.91% in 5 days)
Target:   $74.00 (+22.09%) in < two weeks
Allocation:   100.0% of portfolio


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