The focus of the blog is on the economic and financial uncertainties that the world economies will face over the next five years along with demonstrating how investors can profit and survive during the upcoming manipulated economic chaos.
Please keep-in-mind that I don't provide investment advice. I am simply posting what my investment views of the market happen to be. Your investment decisions are solely your own responsibility.
Wednesday, July 07, 2010
Updated Buy Limits
My adjusted buy limits on the inverse index ETFs are delineated as follows:
Move buy limit on DXD to $28 from $29.
Move buy limit on TZA to $7.25 from $7.50.
Keep buy limit on TWM at $21.
My buy limit on SDS was filled today at $36 with a stop at $31.
At the close of the market, the 13- and 34-week EMAs were 1094.81 and 1096.81 for the S&P 500, respectively.
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