Today's CPI report was somewhat tame, and the market is attempting to move higher. Those of you looking to hedge long positions, or willing to speculate on a downside move, can buy the PSQ (Short QQQ ProShares) ETF. The market has made a big move off the late Feb / early March mini correction, and all of the fear from that period has melted away into quite a bit of optimism. Do you fade the bullish noise? Once the market runs its course, an appropriate ETF to capture any pullback is PSQ. Good luck!
Tuesday, May 15, 2007
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