Replies to post #54141 on SPDR S&P 500 (SPY)

[be]

I am long 1/2 C , 1/2 UYG (Proshares Utra Financials sector) . this a bottom fishing long term play to take avantage of an oversold banking sector . I may be a bit early , however , ti is a low risk trade to average in , I will add Bank of A. on the next drop .


Thanks, 359

Stay alert ! get out if wrong

Some days you've got it & some days you don't. Recognize the "Don't got it Days" & stay out. (omadan)

It is better to take a small loss than to wait for it to become a profitable trade. (Dr. Farooq)

[alexxx]

be-I think so too.alex