Monday, 9 June 2008

Filled! Long NDX

Just updated my COTs Timer Portfolio page with this morning's trade - I went long some NASDAQ 100 through a 200-percent leveraged ETF - and updated results for each of my current trades based on the Commitments of Traders reports. Good luck this week!


Anonymous said...

Hi Alex,

Thank you for sharing your research.

I assume you are using the QQQQ for this trade?

Also do you ignore such news today that the US Fed likely to raise interest rates this August - affecting the Gold Bullion trade?


Alex Roslin said...

Hi Pete,

No, I'm using QLD. Regarding news, I try to avoid reading the financial press as much as possible, except insofar as it provides some occasional comic relief. News is already generally built into price by the time we read it IMHO.