Tuesday, August 3, 2010

SOLD - SMN @ $33.50

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I just sold ProShares Ultrashort Basic Material ETF (SMN).  This was more a training exercise for me than a serious attempt to make money - but I did manage to pocket 1.4%, so I'll take it.
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My TSI trading record has been updated.
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Click on the chart to ENLARGE

2 comments:

  1. Good going, John. Now, if you were greedy me you would say "I should have stayed in longer. I knew it was going to close the gap". Of course, that is one reason I've yet to buy the beach house of my dreams.

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  2. Don't doubt that I have not watched SMN rise since the moment I sold it. I just laugh rather than kick myself. You know how many stocks have risen since the moment I sold SMN? about 3,000. Sure not going to ruin my day LOL For me anyway, that is how I think about it and yes, the 'greed' experience is one I try real hard to avoid. I just try my best to keep the odds in my favor and let everything else just flow under the bridge.

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