ETF Covered Calls 08-27-2010

I’m waiting for the investigation to begin into these leveraged ETF’s.  So much volume so much cash -where is all this money coming from?  Who’s behind these trades?   In any event the ETF-Cashinator report doesn’t look good.  It’s garbage again and I’m holding OIH and cash as my investments at the moment.  I expect OIH to pop up above $103 soon and I’ll sell September in the money calls as soon as that happens.

Here’s the Google Link.

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