Thursday, July 2, 2009

UltraShort ETF ProShares (QID), time to buy ?

Time to buy the UltraShort ETF ProShares (QID) ?
Enter, with a stop loss at $32.5
See targets on the chart

5 comments:

Kobashi said...

$SPX might bounce off 890 ?

Anonymous said...

May I ask why you focus on QId instead of FAZ? Always thanks for your insights.

Ron said...

Moise, what's the best way to invest in the carbon bubble that Goldman is trying to create? The carbon credits and offsets that will be a big deal if the energy bill passes the Senate.

According to Matt Taibbi, Goldman owns 10% of Chicago Climate Exchange plus a piece of Blue Source LLC, Utah.

You might think that cap and trade has no chance in the Senate but the Dems are sweetening the deal for the Repubs by adding 4 nuke plants to the pot.

Moise Levi said...

@Kobashi ; possible .......

@Anonymous ; good point, I tend to follow certain ETFs ....following too many is not great for my brain :)
Plus I tend to print those charts and put them on my wall so I can "stare at them"

Moise Levi said...

@Ron ; good point ; too early to tell .... I'll keep an eye on it