Pre-market this morning, I suggested for aggressive investors to look at picking up AGA, which is the 2x inverse grain ETF. (see post here) I have heard from many of you that you now own it… So far AGA is off to a decent start.
Game Plan for AGA…Place a 7% trailing stop on this ETF!
Game Plan for ZSL…..For those of you that bought ZSL on your own, due to the post which showed that Silver was hiting KEY FIBONACCI resistance (see post here) place a 7% trailing stop on the 2X inverse positions as well.
they should be harvesting ag materials in Argentina soon, and weather conditions have been great so far. Not really much to do with the way charts work, but just a comment.