The stress tests are out and the financials are looking positive once again this Friday morning. Here at ITM we are buying a SMALL position of FAZ (Financial 3X short ETF) as a hedge against our longs.
Yes, we are trading against an extreme uptrend but this position is specifically being placed as a hedge now that the "news" is out.
Trade well,
Trader D
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About Me
- Trader D
- This blog is for the enjoyment and success of all those who have an interest in investing.
Blog Archive
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2009
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May
(25)
- U.S. Natural Gas
- URE
- STT +164%
- FROTH
- Quote of the day
- The only chart ...
- Not good
- Two opposing views
- Black Gold, Texas Tea
- New buys
- Great call on the QQQQ
- Up, up, and away
- AMZN
- Faz out
- Gotta go shopping
- The Q's
- Stress me out
- 200 Day Moving Average
- An apple a day
- FSLR Update
- Final Update - UNTD
- Can't go down, must go up?
- UNTD Update
- Next?
- Solar Explosion
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May
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