Tuesday, February 9, 2010

"AAA" closed

"AAA" was EDZ. It is a leveraged ETF that is triple-short the EEM or emerging markets index. We got in on Thursday 2/4 at 6.25 and got stopped out at 7.00 on 2/5. It was a bet on global selling of the Portugal, Spain, and Greece problems. it worked well and we may come back to it. Stay tuned.....