Wednesday, January 11, 2012

BGZ

BGZ is a 3x leveraged inverse (short) ETF for the large caps, you may recall the Dow didn't perform all that well today. A member emailed me about the large volume in the closing minutes of trade, so I took a little closer look.

 That is pretty large volume and it wasn't like BGZ was coming off a top area. Remember that institutional traders usually trade at the close.

During the same time period, this is what 3C for BGZ looked like.

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