Long UYG, DUG. Short BX and MEE
Posted on July 29th, 2008 in Stock Market | Comments Off
I bought the UYG (Ultralong Financials) yesterday at $18.8. I had a buy order in place where I saw support. I think financials are still good for a bounce up. Still short on oil, prices are going lower which is why I am still in DUG the Ultrashort oil ETF.
Shorted MEE today at $72.
Shorted BX at $17.05
