Hey Gunners..

Question

saw your in a long to semi long positions on DUG and FXP.. when you jumping off the train? any target price as of now.. be watching all the ultrashort/proshares stuff and for the most part everything is kicking ass.. getting 5%-10% rips on stuff like EEV and FXP daily, right now

any other proshare holdings your eyeing?

trying my ass off to get my scottrade funded to short stock..cause as is i only have a roth with them pirates edward jones and can do shit, plus im paying 50 bucks a transaction + commisions.. hard to turn a dollar quick with those rates, well being my age and only having roughly 15k to invest

thanks guy, still learning here

ChAoSoRb · Answer

saw your in a long to semi long positions on DUG and FXP.. when you jumping off the train? any target price as of now.. be watching all the ultrashort/proshares stuff and for the most part everything is kicking ass.. getting 5%-10% rips on stuff like EEV and FXP daily, right now

any other proshare holdings your eyeing?

trying my ass off to get my scottrade funded to short stock..cause as is i only have a roth with them pirates edward jones and can do shit, plus im paying 50 bucks a transaction + commisions.. hard to turn a dollar quick with those rates, well being my age and only having roughly 15k to invest

thanks guy, still learning here

Gunners · Answer

Hey,&#xD;&#xA; &#xD;&#xA;I actually sold out of my DUG and FXP yesterday at the close.  i was expecting an asian rally and it happened, but for some reason, FXP went up today anyway.  for more info on FXP, it is the "stock of the week" at www.ibankcoin.com  &#xD;&#xA; &#xD;&#xA;i was hoping to dive back into FXP today after it dipped because of the asian rally, but that didn&#x27;t happen.  the valuations of the chinese stocks are crazy.  the average valuation of the stocks in FXP are 35x earnings, with many of the banks at 50x.  FXP to 125 at some point.  &#xD;&#xA; &#xD;&#xA;I have positions in SKF and believe it is a good buy right now.  it was at 146 yesterday and is at 118 right now.  &#xD;&#xA; &#xD;&#xA;I bought SCC today (short consumer services)&#xD;&#xA; &#xD;&#xA;I am holding SMN (short basic materials)&#xD;&#xA; &#xD;&#xA;i am no genius at this either, so don&#x27;t buy just because i say so.  do some research on your own.  ibankcoin.com has a lot of information about these ETFs, but they are just guys behind computers as well, so always research it yourself before buying.

Hey Gunners..

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