Monday, August 30, 2010

LONG
- S&P 500: +6.9% since entry July 5 (using 200% leveraged ETF)
- U.S. financials: -9.3% since entry July 19 (using 300% leveraged ETF)
- Natural gas: -19.4% since entry Aug. 23 (using 200% leveraged ETF)

SHORT
- Crude oil: entry Aug. 30

CLOSED TRADES
- Canadian financials: -14.5% since entry July 19 (using 200% leveraged ETF)

Notes:
- Trade results are as of the close of trading on Friday, August 27. Any new and closed positions are as of the open on Monday, August 30, unless otherwise noted.
- Returns on trades are based on my own positions, not the underlying market prices, unless otherwise noted. 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.

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