Doug Kass Adding to Short S&P 500 ETF

by Benzinga Staff
October 5, 2011 2:24 PM | 12 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Doug Kass tweeted that he is shorting more S&P 500 ETF (NYSE: SPY) at $113.80 based on the fact of lagging in the financials and high yield under-performing. Kass is a contributor to CNBC and TheStreet.com.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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Posted In: Broad U.S. Equity ETFsShort IdeasTrading IdeasETFsDoug Kass

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