Friday, July 3, 2009

Inverse ETF's. VXX,EDZ,TYP,ERY

If the Market decides to break down next week, keep an eye on these Double/Triple Inverse ETF’s. They are extremely volatile. Quick entry and exit is required.





3 comments:

Ben said...

Hey NYC... I like VXX to move higher, but I'd like to see a big move in ERY even more! ;)

kchu said...

these 3x ETF charts are skewed by their 3x nature, you can't really follow their charts. ERY for example, you will not see the head and shoulder pattern on RIENG.X.

Ben said...

I see it on OIH... FWIW