Thursday, July 3, 2008

TWM revisited




TWM (The Ultrashort Russell) has been a strong investment since the end of May. Based on Will Rahal's blog (who originally recommended TWM at 68), I exited TWM today making a nice profit (Thanks Will!). Currently expecting a short term bounce here in the major indexes including the DOW and went long DDM (The Ultralong DOW) see chart below to take advantage of the expected bounce. If the bounce doesn't happen - then I go quickly back to TWM.

This is not a recommendation to buy or sell anything including TWM or DDM. Do your own research. This blog does not take responsibility for any losses.



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