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Bought 750 Shares of UYG at 2.61

February 17th, 2009

I bought another 750 shares of UYG (Ultra Financials ProShares) at 2.61 this morning.

I still want to reduce my exposure to the Financial Sector, but the selloff this morning didn’t make any sense to me so I thought it would be a chance to lower my cost basis on the UYG. I don’t want to be in this for long and I’m hoping to trade out of it soon.

This purchase gives me a total of 950 shares of UYG at an average price per share of 2.71.

Buy, UYG

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