Wednesday, November 21, 2007

Where's The Rally?

Well, so much for the rally I was expecting this week. We have got to bounce sometime soon, right?

I did get filled on my FXE buy stop order yesterday, and I also entered GLD, and am still in USO. I don't know of anything else that's working well right now, except perhaps the double-inverse ETF's like QID or SDS. Wish I could have gotten in those earlier. There's a new fund that I've been watching, ticker symbol FXP, that is a double-inverse China fund. I would like to own a few of these, but don't think I can stomach the wild swings it has. Check it out.

Good trading to everyone, and Happy Thanksgiving.

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