ProShares UltraShort Basic Materials (SMN)
NYSEArca:SMN Materials

  1. MisterX
    Long $SMN @ 15.56
  2. MisterX
    None of my limits on $FAZ $TZA $SMN $SPXU got hit; better to miss a trade than lose a trade
  3. MisterX
    Shorting the market on gap up tomorrow using $FAZ $TZA $SPXU $SMN
  4. ETFSwingTrader
    If $XLB closes >16.0, we must Close our $SMN trade for a stop-loss M.O.C.
  5. ETFSwingTrader
    Amendment to last posting: Do NOT add to $SMN trade if $XLB closes above 200 day moving average, which it appears that it will today.
  6. ETFSwingTrader
    I am away from my computer today. If $XLB continues up, add 3% to our $SMN trade M.O.C. for a 6% position.
  7. ETFSwingTrader
    Plan is to add 2% to $SMN trade if $XLB is up today, for a total 3% position. Hold $SKF 10% position.
  8. ETFSwingTrader
    So, positions at today's Close: 10% $SKF (short $XLF) and 1% $SMN (short $XLB)
  9. ETFSwingTrader
    Hold $SMN position ($XLB short).
  10. ETFSwingTrader
    Going into the weekend with Trades 51 52 53: $SKF 5% - $XRT 2% - $SMN 1%. Moving conservatively on new Shorts given $SPY > MA(200).
  11. ETFSwingTrader
    New trades: 1% $SMN (to short $XLB) and 2% $XRT (long Retail). These are Trades 52 53.

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    14.10 -0.10 (-0.70%) last updated 1:51 PM EST Feb 09
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