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Gold/Mining/Energy : Uranium Stocks
URNM 55.92-1.2%4:00 PM EST

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To: Lee333 who wrote (7936)2/16/2007 3:53:36 PM
From: jayt  Read Replies (2) of 30238
 
Lee - The ones that I have on my screen are:

QID - Ultra short the Nasdaq
DXD - Ultra short the Dow
SDS - Ultra short the S&P500
MZZ - Ultra short the S&P midcap 400

The most liquid of the four is the QID, but the others have begun to attract more volume as they take on more assets under management. When we get a decent correction these should perform quite nicely. I would not invest here per se....rather use them as trading vehicles on days the market sells off. There are others, but I've chosen to monitor these. RGRDS - JT

** FWIW I'm an IBD reader and we have only seen 2 distribution days for the S&P500 and 1 for the Nasdaq in the last 4 weeks. More than 4 distribution days in a 4 week span puts a rally in question. As for now we are still in a confirmed rally from the Aug 15th follow through day.
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