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Bullboard - Stock Discussion Forum ProShares Ultra Silver AGQ

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) 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) based on the... see more

ARCA:AGQ - Post Discussion

ProShares Ultra Silver > Oversold Slam - Double Down 100%
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Post by Contra_Man on May 12, 2011 9:24am

Oversold Slam - Double Down 100%

Ignoring and have cancelled the 11.52% stop loss of yesterday - and instead doubling down by adding 50% Silver long position at the $160 US and HZU-t in Cdn at the open instead as China et al want SLV to be sold from weak hands to long holders by the end of the week.   

Taking up over two trading days with all in by this Friday's close.
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