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ProShares Trust - ProShares UltraShort Real Estate Message Board

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  • rusty_98070 rusty_98070 Feb 18, 2009 4:13 PM Flag

    Absolutely Amazing!

    I was a buyer towards the end. I've been out ever since I missed getting filled in the low 50's on the last pull back. A majority of the traders exit with in the last 60 minutes each day. In the past I've sold at 60 min before closing and when buying, bought with a market order in the last 10 seconds. That strategy has worked good, but, lately, they've been selling a bit earlier so I was head faked a bit and bought a few minutes too early today.
    My trading is based on what I've just written, and equally importantly I use TNA and TZA to compare to SRS, to see if SRS is out of sync. TZA and SRS usually mirror each other and TNA is my control check on TZA to make sure it isn't wankie. Based on TZA being up over 3%, I felt comfortable with my buy.
    Anyway, that's the way I play it, and it cost me many $10's of thousands to figure that much out.
    R

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50.77-1.53(-2.93%)Jul 7 4:00 PMEDT