This is my first post on Alpha. I'm excited and can't wait to start posting stuff. I must say though that I've been posting on my google blog for awhile but I have not been as consistent lately. I look forward to my new Alpha community of friends.
I am currently following ProShares Ultra Technology Fund:(NYSEARCA:ROM). A leveraged ETF fund that I had bought for my clients in the high range this year around $58-$60 per share. The fund got slaughtered during the "May Flash Crash" and it looked like it was not going to recover; however the fund is making a strong comeback on the backs of companies like Google(Goog) and Apple, Inc(NASDAQ:AAPL). I'm thinking a high of $65 per share by the end of the year. I will be trading this fund until the end of the year and have included this fund on my recommended ETF Trading list @ AllThingsETF.com. I will post excerpts of my ROM trading blotter on my next post for those who may want to follow along.
Disclosure: Long ROM