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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (29386)1/18/2000 8:23:00 PM
From: Dave Shares  Read Replies (2) of 43080
 
For what it is worth, I have taken a position at the close today in USPIX (Pro Funds Ultra Short Fund). I will exit the position on an NDX close above its previous intraday high, which is about 2% above today's close.

I think the risk/reward here is reasonable, and it serves as a hedge against any long positions.

David
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