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Paul Mosgovoy
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Truth is timeless: “Markets never change” – Jesse Livermore, 1923 The early masters, Livermore, Wyckoff and Loeb isolated themselves from the crowd and crowd thinking. None of them ever graduated high-school and yet they each became legends in the market. Their techniques have been time-tested.... More
  • SRS: Increased Position Size 0 comments
    Jun 12, 2014 10:04 AM | about stocks: SRS

    The ProShares UltraShort Real Estate ETF (NYSEARCA:SRS) appears to be pulling away rapidly and not attempting a test of the breakout.

    This is potentially a volatile entry and as such, the stop is placed tight at the low of the day: 16.14.

    Current price action indicates that this stop with not be threatened.

    (click to enlarge)SRS Daily

    Chart by TeleChart

    Disclosure: The author is long SRS.

    Stocks: SRS
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