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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: cubsfan who wrote (4715)1/2/2009 10:35:14 AM
From: 200ma  Respond to of 6370
 
time to trade the january effect

TMR DDS SKS



To: cubsfan who wrote (4715)1/2/2009 11:05:37 AM
From: RockyBalboa  Read Replies (2) | Respond to of 6370
 
Happy new year as well.

While most stocks are nicely up on the first day, the SRS is hardly losing and there´s actually a lot of buying in SRS.

EDIT: I went long SRS (and SKF) in addition to all my stock purchases. While it is pervert (in the light of strong markets)SRS could be depressed because of tax loss selling. It is mostly held by individuals and not institutions. The additional idea is that it possibly hedges much better than simply shorting the RUT index.

Markets are up between 2% and 3% woeldwide, but SRS is also up now.