Thursday, March 19, 2009

Hammy Trade - SDS, SSO

Traded out of my "even" position with SDS and SSO. I bought the SSO close to the end of the "epic" rally around 810, and bought SDS yesterday to "cover" that SSO position.

Since these are leveraged ETFs, an "even" position between the two still loses money. So i got out of both of them today.

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