Friday, September 23, 2011

Getting Short the Yen

There are some interesting developments going on in the USD/JPY which is the dollar/yen cross. I think the dollar is headed up vs the Yen. I am prepared to play this via the Proshares Ultrashort Yen ticker YCS here at $13.52


Good speculating to you all and please remember to never forget that "an investor is a speculator who made a mistake and will not admit it".


Open Positions:
Long 1 unit Direxion Large Cap 3X Bear ticker BGZ @ $96.70
Long 2 units Direxion Small Cap 3X Bear ticker TZA @ $60.30
Long 1 unit Direxion Emerging Mkts 3X Bear ticker EDZ @ $60.50
Long 2 units Direxion Financial 3X Bear ticker FAZ @ $98.25
Long 2 units Ultrashort Xinhua China ticker FXP @ $42.45
Long 1 unit Ultrashort Real Estate ticker SRS @ $49.10
Long 2 units Direxion Tech 3X Bear ticker TYP @ $52.60
Long 2 units US dollar Bull index bullish ticker UUP @ $22.04 stop @ $21.17
Long 2 units Ultrashort Euro ticker EUO @ $18.87 stop @ $17.44
Long 1 unit Ultrashort Yen ticker YCS @ $13.62 stop $13.27

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