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Exchange traded fund
View All Commentary (SJH)
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Value6Bear (< 20) Submitted: 7/08/08 10:28 PM : Start Price: $99.49 SJH Score: -37.02
Caps is about accumulating as much points as possible with as much accuracy as possible. The greatest way to bank points in caps is to short the ultrashorts when the market has bottomed. Since shorting an ultrashort gives a negative 10% and the s&p goes up 5% that means you banked a score of 15% if the market goes to 1330 from this level. The oscillator indicates that we are at -2 meaning we almost hit neutral.
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