Thursday, June 27, 2013

ERY Long

If you are open to a short term trade along the lines of the market move I talked about last night and talked about in many posts today including the VXX/UVXY post, you might consider  ERY long, a 3x Bear Energy ETF), again I consider it to be a speculative and short term trade (possibly a day, maybe 2, I wouldn't expect much more than that and I'd prefer not to use XLE put options, I'd prefer the leveraged, but less leveraged ERY long).


No comments: