Smoking Securities

Half Baked High Finance

ETFs at 252-Day Highs ($EDC $TYH)

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This screen identifies ETFs trading at 252-day highs.

EDC and TYH are 3x Leverage ETFs from Direxion, covering the Emerging Market and Technology Sector.

EDC and TYH are not investment vehicles, and are best used as daytrading devices. Nevertheless, the new highs indicate all buyers are in a winning position, providing a positive psychological outlook for these ETFs.

The Emerging Market and Technology Sector are logical places for growth leadership as there is untapped opportunity and hidden value in these spaces (i.e. QSII).

Written by chucklesamadeus

May 6, 2009 at 11:36 pm

Posted in EDC, TYH

Tagged with ,

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