2008/11/19

Market Craziness Continues

I've decided to sell my SRS today. I made 109% on my shares. Not too bad a return considering that the market is down 30% since I started buying SRS.

It probably has a ways to go up (SRS), but I needed to raise cash and my DXD is only up a little and SDS is red (I bought SDS on Oct 10, the lowest interday price for 2008 so far). I'm waiting for a new lows to be established before I sell DXD & SRS, of course....

Update: 12:14 AM Nov 20: Well, so much for my panic selling. At the end of the day, it went up another few percent such that I would have gained about 133%....

Copyright 2008, DannyHSDad, All Rights Reserved.

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