Entry Alert re: SRS
11/8/2009 2:21:49 PM
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LONG-TERM TREND (> 1YR) OF THE MARKETS: DOWN
|None||ProShares Ultra Short (Ticker Symbol: SRS)|
This e-mail is to alert you that The J.E.D.I. Way believes that there will be a trade in the making in SRS if the following SETUP(s) below have been satisfied:
SETUP 1: Prices on ticker symbol "URE" close below $5.00 per share.
Thus, The J.E.D.I. Way will go long 100 shares of SRS at the market when URE closes below $5.00 per share.
PLEASE NOTE WE ARE STILL IN A BEAR MARKET AND NOT OUT OF THE WOODS JUST YET. (See chart below of the Dow Jones Industrial Average since 1974)
The stock market is still the best place to invest to receive maximum return on your money provided that you select the right stocks for the times.
Until Next Time.
Thanks for listening; Good Luck in your Trading; And may the force be with us!