Trading in the stock market can be a frustrating experience. Just when you believe you are about to make a lot of money, you lose more than you thought you'd make. I would like to share with you a system that after years of trial an error, has proven to guarantee higher returns than investing in the Standard and Poors. I will post in this site when to buy and when to sell the SPY and in a year you'll get a higher ROI than just buying and holding it.
Wednesday, May 25, 2011
Holding Upro Still
It's been a busy day and I won't be able to follow the markets regularly until June 7 since I am out of town on medical leave with my family. I am still holding UPRO and looking briefly at the markets, it looks like the time to sell UPRO might be tomorrow if the markets continue higher; otherwise, I'll hold it until a more favorable day.
It looks like UPRO closed around 78.75 for a 2.1% profit so far, although it traded as high as 79.72 today. Hopefully, it will come back to this level and I'll be able to sell; being away makes it more difficult to keep up with all the price movement.
I hope someone else was able to buy it and get a nice profit on it.
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