|
PureBytes Links
Trading Reference Links
|
In trading, I learned that the strongest becomes the weakest. I assess
that to the herd
migrating to the most greed and with all looking over the same side of
the boat, it sinks.
The nice folks over at Bespoke posted a year to date ETF performance
chart
http://seekingalpha.com/article/141654-leveraged-etf-performance-6-5-09
with AGQ being the strongest ETF.
I'm a scale down buyer of ZSL, I thought I'd run a pairs trade of ZSL/
AGQ
2X bearish silver and 2x long silver. Here is a link to the ratio
charts.
http://stockcharts.com/charts/gallery.html?ZSL:AGQ
With the ratio around .15 and a recent high of 1.24 that is a lot of
room to run (700%).
That pair will eventually carve out a new high, since the ETFs are
relatively new.
Kevin B. Bantz
------------------------------------
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/realtraders/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/realtraders/join
(Yahoo! ID required)
<*> To change settings via email:
mailto:realtraders-digest@xxxxxxxxxxxxxxx
mailto:realtraders-fullfeatured@xxxxxxxxxxxxxxx
<*> To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|