Thursday, January 07, 2010

A couple swing trade ideas

A couple of Intermediate trade ideas, Swing TradesPosition Trades, or whatever you want to call them.  Both these ETF's have liquid options, but both are also low-priced enough to have inherent leverage.  SRS is on a Daily BUY, while FXP is not quite there yet:


SRS Daily




FXP Daily


FXP is twice the inverse of the daily performance of the FTSE/Xinhua China 25 index, so, it's really a put on the Chinese stock market.  SRS is twice the inverse of the daily performance of the Dow Jones U.S. Real Estate Index.

I will be watching both of these and following the signals in my own accounts (yes, already Long in SRS). 

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