Thursday, December 12, 2013

Trade Idea/Position Update: URTY

You'll recall URTY is the Russell 2000/IWM's 3x leveraged long ETF which I opened a partial position in today in the trading portfolio which means I expect a shorter duration move, a normal bounce, even though I believe all moves Wall St. sets up serve a purpose.

In any case, I'll be adding the other half to that position to bring that to full size, again this is the new shorter term trading portfolio.


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