Tuesday, September 8, 2009

LONG
- Nikkei: -4.6% since entry August 17
- S&P 500: -4.8% since entry August 24 (using 200% leveraged fund)

SHORT
-

CLOSED TRADES (on the open of Sept. 8)
- Crude oil: -11.3% since entry August 10 (using 200% leveraged fund)
- 30-Year U.S. Treasury Bond: +1.2% since entry August 17 (using 300% leveraged fund)
- Natural gas: +30.2% since entry August 24 (using 200% leveraged fund)

Notes:
- Positions as of the open on Tuesday, Sept. 8.
- Unless otherwise noted, returns on trades are based on my own positions, not the underlying market prices. Returns from closed trades include trading fees. My own return may differ from the return of the underlying index, security or commodity because of variations in how the security I use tracks the market. In some cases, my return is based on a leveraged fund and may also include currency exchange into Canadian dollars.

4 comments:

netbacker said...

Thank you for blogging. Would you be willing to let us know which is that 200% leveraged ETF for Natural gas? I couldn't find any 2x ETF that was specific to Nat Gas.
Thanks once again.

Anonymous said...

Hi Alex, Your latest signal say to go bearish on gold sept 14 - would you be shorting the gold stocks or the bullion?

Thanks.
Ken Trung

Alex Roslin said...

That's HNU in Toronto. (Or HND for the inverse fund.)

Regards,
Alex

Alex Roslin said...

Hi Ken,

I am shorting bullion. The security should be as close as possible to the underlying market that the data is based on. Gold stocks and bullion often don't trade the same direction short-term.

Regards,
Alex