February 16, 2011 1:27 AM | 1 min 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.
Here is the ETF Professor's ETF Watch List for Wednesday February 16, 2011.Gold miners are looking interesting so have a look at the Market Vectors Gold Miners ETF (NYSE: GDX) and the Direxion Daily Gold Miners Bull 2x Shares (NYSE: NUGT).Tech stocks are looking a bit frothy, so give the Direxion Daily Semicondct Bear 3X Shares (NYSE: SOXS) a try. A couple of conservative plays to look at: JPMorgan Alerian MLP Index ETN (NYSE: AMJ) and the PowerShares Financial Preferred ETF (NYSE: PGF).Emerging markets plays of the day: Market Vectors Vietnam ETF (NYSE: VNM), iShares MSCI Chile Investable Market Index Fund (NYSE: ECH) and the WisdomTree Middle East Dividend ETF (Nasdaq: GULF).Forex play of the day: ProShares UltraShort Yen (NYSE: YCS).Bond play of the day: iShares Barclays 20+ Year Treasaury Bond ETF (NYSE: TLT).
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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