Ultra consumer goods = ultra good short
Posted By Mike On Feb 8, 2010 @ 9:25 am In short selling | 2 Comments
In keeping with my idea of shorting the levered bull ETFs instead of buying the short ETFs, I’m going to be selling UGE, which has barely begun to fulfill its downside potential:
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Source: Yahoo! Finance
I am wary of a bounce here, so new shorts at these levels are in small sizes. I’d like to add at higher prices.
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Article printed from The Sovereign Speculator: http://sovereignspeculator.com
URL to article: http://sovereignspeculator.com/2010/02/08/ultra-consumer-goods-ultra-good-short/
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