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Bullboard - Stock Discussion Forum ProShares UltraShort Silver ZSL

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg Silver SubindexSM. The fund seeks to meet its investment objective by investing under normal market conditions in any one of, or combinations of, Financial Instruments (including swap agreements, futures contracts and forward contracts... see more

ARCA:ZSL - Post Discussion

ProShares UltraShort Silver > Going Out To Sea - By Super Committee
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Post by Contra_Man on Jul 27, 2011 10:18am

Going Out To Sea - By Super Committee

Taking one (1) unit (10% allocation) ZSL-N (10.52% stop loss) for a hedge against whipsaw short-term movements in our AGQ-N 3x long "High Ho Silver"trade which is up nearly 50%.  Also selling one additional unit (1) ofAGQ-N to reducing our holdings to 8 units (from 10) - and taking awaysome profits and leaving the commodity sandbox as we speak.
Comment by Contra_Man on Aug 04, 2011 10:02am
adding a second (1) unit of ZSL-N at 10:00am to hedge more running out with AGQ-N up over 52%...
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