I am shorting Industrials sector
I have entered short in Dow Jones Industrial Index. I see bearish development on chart of this sector (DJUSIN). I have used Ultra short ETF tracking this index.
Using combination of technical analysis and global macro fundamental analysis to find best stock picks and ETF trading ideas for my own hedge fund
4 Responses to “I am shorting Industrials sector”
Leave a Reply
- Subscribe to Simple stock trading blog by Email
-
I am reading now:
January 31st, 2009 at 2:53 pm
I like the ultrashorts too. Especially the 3x Russell 2000 funds.
What ETF are you in right now?
January 31st, 2009 at 9:23 pm
I am long RXL , SIJ and SZK.
February 10th, 2009 at 9:56 pm
The large red candle stick if followed through to the next day, then shorting is best thing to do. Otherwise need to wait with fingers crossed.
February 14th, 2009 at 7:17 pm
A break bellow 180 should be a nice short. Problem is US government can come out any second with talk of stimulus bill. Too risky overall, may just trade in range until government has no more bullets to threaten with.