Wow, it does look good. I hope you are still able to enjoy the
holidays while working on this, Looks like alot went into it.
For us retirement account traders,we would need to find and
inverse ETF to use for a short proxy, since most plans don't
allow shorting ( mine doesn't anyway) DUST is the only one I am
aware of.
Posted by CopperMtn on 27th of Dec 2011 at 11:45 am
Ragwing, In addition to DUST, I also have used ZSL to short
silver miners and SPPIX to short the DJ Precious Metals Index. This
fund only trades end of day but can give you inverse, non-leveraged
exposure to major gold producers too.
there is a short term trading fee of $75.00 and since it is a
mutual fund you only can trade it at the end of the day and i
believe there is also a 2% expense ratio involved on it...
Yes I investigated it for hrs yesterday and unfortunately I was
up very late last night investigating that, but also my daughter
was sick and up till about 5 am, so Im on about 1 hr of sleep.
So I may take a short nap today if things are slow, which I
expect them to be.
The 'pros' and 'institutional' traders are gone this week, the
real action will occur when they return in Jan after New Years
Wow, it does look good.
New GDX Swing System
Posted by ragwing on 27th of Dec 2011 at 10:31 am
Wow, it does look good. I hope you are still able to enjoy the holidays while working on this, Looks like alot went into it.
For us retirement account traders,we would need to find and inverse ETF to use for a short proxy, since most plans don't allow shorting ( mine doesn't anyway) DUST is the only one I am aware of.
Other Short Options for Retirement Accounts
Posted by CopperMtn on 27th of Dec 2011 at 11:45 am
Ragwing, In addition to DUST, I also have used ZSL to short silver miners and SPPIX to short the DJ Precious Metals Index. This fund only trades end of day but can give you inverse, non-leveraged exposure to major gold producers too.
http://www.profunds.com/funds/short_precious_metals.html
Good trading.
sppix
Posted by 8899 on 27th of Dec 2011 at 12:06 pm
there is a short term trading fee of $75.00 and since it is a mutual fund you only can trade it at the end of the day and i believe there is also a 2% expense ratio involved on it...
Yes I investigated it for
Posted by matt on 27th of Dec 2011 at 10:46 am
Yes I investigated it for hrs yesterday and unfortunately I was up very late last night investigating that, but also my daughter was sick and up till about 5 am, so Im on about 1 hr of sleep. So I may take a short nap today if things are slow, which I expect them to be.
The 'pros' and 'institutional' traders are gone this week, the real action will occur when they return in Jan after New Years
thanks for all your hard work on this....
Posted by morton13 on 27th of Dec 2011 at 01:56 pm
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