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UCS ETF update:Play or Stay Away

30 mins before close and the fund made a run. OK, I missed the boat on this short run to the upside on the ProShares Tech Fund. I was looking for an entry point all day. A nice RSI- Fast Stochastic pattern flashed between 1 pm and 2 pm and I just ignored it for some reason. I am paying for the mistake. A buy of 1000 shares at $31.50 this morning and subsequent sale this afternoon at $32.50 would haved given me a profit of 1.00 per share and would've netted me $1000 today.

06/08/09 03:37 PM
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