Monday, August 24, 2009

Long Some SRS

I have been closely watching the Ultrashort Real Estate ticker SRS, (how much that is worth I am not quite sure) and am prepared to punt it long, (hence short real estate) here at $11.83 with a stop at $10.94

Good speculating and remind them to please don't ever forget that "an investor is a speculator who made a mistake and will not admit it".

Open Positions:
Long 2 units Ultrashort FTSE/Xinhua China 25 ticker FXP @ $10.58 stops @ $9.94/9.54
Long 1 unit Ultrashort Real Estate ticker SRS @ $11.93 stop @ $10.94

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