Positions Archive

  • ETF Opportunity: QID ProShares Ultrashort QQQ

    ETF Opportunity: QID ProShares Ultrashort QQQ

    As discussed previously, inverse ETFs allow traders to short the market without requiring a margin account.  Given the current market weakness, there are several Inverse ETFs that are or have recently provided entry signals.  QID, the Proshares Ultrashort QQQ (or Nasdaq 100) is in a...

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  • ETF Opportunity: DXD – Proshares Ultrashort Dow 30

    ETF Opportunity: DXD – Proshares Ultrashort Dow 30

    The continued weakness in the markets is allowing for entries into several Inverse ETFs.  Inverse ETFs provide a good way to short the market with potentially less risk and in accounts that are not marginable.  There are several broad market inverse ETFs that gave an...

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  • Passed Trading Opportunity: SDS

    Passed Trading Opportunity: SDS

    The Proshare’s Ultrashort S&P 500, SDS, displayed an excellent setup and entry following Dr. Elder’s Triple Screen.

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  • Today’s Trade: ALKS (Alkermes)

    Today’s Trade: ALKS (Alkermes)

    Following one of my adhoc screens, I identified a stock that was exhibiting signs of a good setup for the Triple Screen, ALKS.  But the trade did not go well.

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  • The Week Ahead – Week 20

    The Week Ahead – Week 20

    The markets are in a bullish trend (see Weekly Market Analysis for May 9, 2009).  Monitoring the May Watchlist, there are no trading opportunities identified that fits the trading plan.

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  • Tuition is Due

    Tuition is Due

    Well, I’ve been paying my tuition to the market.  I believe I have a good investment plan in place and that the mechanical screen provides good investments for some position trades.  However, my portfolio has been pounded.  Sure the market is tough, but this hit...

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