Spikes in UUP

Discussion in 'ETFs' started by TraderSU, Nov 10, 2009.

  1. I'm subscribed to it now. Thanks.

    I searched other sites and found that those spikes in UUP were because of issuance of additional share/units. It was a nice run from 22.48 to 23.15 before and after the halt on 5th.

    It also makes some significant (10+ cents) and sudden moves during after hours but that is beyond my understanding (possibly manipulation).
     
    #11     Nov 13, 2009
  2. UUP did it again. It closed lower than low of 11/10.

    $USD is up by 50 cents as compared to its 11/10 low i.e. 74.84

    WTF?
     
    #12     Nov 13, 2009
  3. Illum

    Illum

    Shares screwy like Ung, wouldn't touch it
     
    #13     Nov 13, 2009

  4. -----------------------------------------

    yep, volume footprint told the story back then. Didn't trust this ETF back then, but now its been added solidly to my DX layout.
     
    #14     Apr 13, 2010
  5. and as expected volume once again told it was just a correction from the June 7 high.

    :)
     
    #15     Aug 16, 2010