IYT action looks interesting. Big

    Posted by jroger on 1st of Feb 2013 at 09:55 am

    IYT action looks interesting. Big bounce then pullback. Can't find a great way to short the IYT, seems there is no short ETF and can't short it with my brokers.

    From my account and research

    Posted by fkinv071 on 1st of Feb 2013 at 11:49 am

    From my account and research I get this for IYT, you can short one of the components.  UPS looks the most broken down, possibly making a bear flag here. 

    Top 5 equities held by fund

    Company % of Hldgs % Short % Long Price Chg  % |  $

    Compare these holdings together

     

    UNP
    Union Pacific Corp
    12.77% $133.47 1.53%
    FDX
    FedEx Corporation
    8.33% $102.40 0.94%
    KSU
    Kansas City Southern, Inc.
    8.05% $94.28 1.26%
    UPS
    United Parcel Service Inc (UPS) Class B
    7.36% $79.69 0.50%
    NSC
    Norfolk Southern Corporation
    5.64% $69.32 0.65%
    Percent of all holdings: 42.15%

    If you do much shorting

    Posted by bkout3 on 1st of Feb 2013 at 09:58 am

    If you do much shorting you might want to have an account with Interactive Brokers as they are pretty good with shorts. I am short IYT with them

    buy puts?

    Posted by frtaylor on 1st of Feb 2013 at 09:55 am

    buy puts?

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