I was long URE from 4-29-09 to 4-30-09, in your face shorts!

Quote from Uncle_Ho:

SRS

lol. What the hell happened there? Why would the ultra short etf act like that. That's what I mean when I say that the underlying fundementals of these etfs are weird. Any insight?
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Do not tell me you are trading hundreds of thousands of dollars worth of these inverse and ultra etfs and do not know how the underlying fundamentals work, Come on.....

I really do not understand how you amassed such an amount of money to trade, yet do not understand what the term compounding means.
 
Quote from S2007S:

Do not tell me you are trading hundreds of thousands of dollars worth of these inverse and ultra etfs and do not know how the underlying fundamentals work, Come on.....

I really do not understand how you amassed such an amount of money to trade, yet do not understand what the term compounding means.
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He 'trade' this simply because he think it is 'profitable'.
 
Bought 50k more at 3.83. I was thinking we coulda taken off this morning but the momentum just wasn't there. If we can get up about 4.15-4.20 area I really think we could take off. Currently long 100k at 3.83
 
Im holding about 1000 URE right now and everytime this ETF touches a little above $4.00 it pulls right back down, this rally to 8500 should have taken it to $6+
 
Yea but the interest rates came back a ton, which I think affected the stock price short-term, but in the long-term higher rates i think makes for a more stable real-estate market.
 
WAAAAAAAAAAAAHHHHHHHH. That should shut you up traderzones and fromthesafe.

Alright i won't shove it in your face anymore, I know u wouldn't be able to handle it.

And for everyone out there who just looks in on this thread, this is true, for every 10 traders on ET maybe 2 of them are real like me. The others have to slam anyone who trades bigger than them or says they are succesful because they know they will never make it, and they feel the need to justify thier failure or lack of success.
 

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