RE:RE:RE:beginning a short positionI have done really well being a dip buyer in SSO and banked about 11% after the earnings report came out. Repurched 15k shares back at 14.40 after selling them at 15.55.
I believe that the dip in miners is temporary and as soon as Monday am looking to buy some FR as a trading position as predicted a 25% drop in the name ( we are -20% there , so time to trade it )
My Longterm position in SSO is bigger than ever as bought more pre earnings for LT. i will NOT trade the LT position as believe this will double from these levels within 18 months.