Friday, November 13, 2009

Changing to DOW, SPX, Nasdaq, Russell 2000

I sent this via email to my free email distribution list on Tuesday evening, Nov. 10. Here's what I sent:

More details will be added to this post. Just wanted to put this out there for now.

I need to do more analysis, but it seems that
(1) when it's time to short, the Russell 2000 is the index of choice, using TZA
(2) when it's time to go long, the DOW is choice, using DIA or DDM.
(3) In addition to ETFs, I will also be looking at individual stocks like AAPL, FII, GLW, etc

UNCONFIRMED that this is the direction I'll be taking, but thats what I'm thinking now. A short time ago, I was shorting financials (XLF) via FAZ. Now a change seems warranted to TZA etc.

More to follow.... check the blog for details. I won't send another email indicating that the blog has been updated, so that I don't clutter your mailbox. You can check the blog http://christopherstockguy.blogspot.com/ for the update.



* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

4 comments:

  1. I just logged into marketspath and there were some members talking about you not being there. I do hope nothing went wrong, as a novice, I value your post immensely

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  2. I agree with John. Please don't leave.

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  3. miss you Chris....you are a valued trader and a real pro....Mutzie

    ReplyDelete