06/02/09 08:52:26 AM
UCS trading-ahead update: I am sitting here thinking that the markets have moved up substantially since March, 2009. Will they go higher? I want to believe that the markets will go higher, but that voice in the back of my head is still saying it's too soon; the fundamentals in many sectors are just not there yet; inflation is still lurking; trillions of dollars that have gone up in smoke just does not reappear overnight. Not too long ago, I was considering the short etf funds as viable investment alternatives, like the ProShares Ultra Short Financials or the ProShares Ultra Short Real Estate, but so far their results have not been stellar (literally) in these Short funds.
I respect the markets and I just believe that when you are going short you've got to have a stomach of a 'billy goat', cause its going to be rough climbing to get to the nice grass. I may consider taking a position in the ProShares Technology Fund today. It all depends on the overall market's momentum and the technical indicators off the fund. However, after reading today's pre-opening update on WSJ Online, I may have to wait. We'll see.
If you are interested in trading this fund, would like a prospectus or have a question concerning this fund call me for a free no cost consultation at 770-572-2715. Please note: You should seek professional advice before implementing any of the strategies discussed herein, since: (1) The strategies are general in nature and will not apply to every situation; (2) Other opportunities may be better suited to your particular needs; and (3) The rules and regulations are constantly changing.
UCS trading-ahead update: I am sitting here thinking that the markets have moved up substantially since March, 2009. Will they go higher? I want to believe that the markets will go higher, but that voice in the back of my head is still saying it's too soon; the fundamentals in many sectors are just not there yet; inflation is still lurking; trillions of dollars that have gone up in smoke just does not reappear overnight. Not too long ago, I was considering the short etf funds as viable investment alternatives, like the ProShares Ultra Short Financials or the ProShares Ultra Short Real Estate, but so far their results have not been stellar (literally) in these Short funds.
I respect the markets and I just believe that when you are going short you've got to have a stomach of a 'billy goat', cause its going to be rough climbing to get to the nice grass. I may consider taking a position in the ProShares Technology Fund today. It all depends on the overall market's momentum and the technical indicators off the fund. However, after reading today's pre-opening update on WSJ Online, I may have to wait. We'll see.
If you are interested in trading this fund, would like a prospectus or have a question concerning this fund call me for a free no cost consultation at 770-572-2715. Please note: You should seek professional advice before implementing any of the strategies discussed herein, since: (1) The strategies are general in nature and will not apply to every situation; (2) Other opportunities may be better suited to your particular needs; and (3) The rules and regulations are constantly changing.
Comments