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SPDR Dow Jones Industrial Average ETF Message Board

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  • blust3 blust3 May 20, 2007 11:29 AM Flag

    How I'm playing the DIA

    This is the current bull market's last run. It is very similar to 1999's. At that time the market seemed to be on the edge of a crash. But it ended up with 8 more months up run, long enough to wipe out most of the bears. If I were you, I would take loss and sell half of your put positions. Save every penny and live a thrift life in the next 18 months. This administration will use every trick to keep stock market float to prove the next crash is all Democrats' fault. Anyway, you should begin to buy DIA puts back when DOW hit 14,000. But do your most buying either at 14,500 or 15,000.

    The best bears can do now is to hold the cash, stay put, not being tempted to buy any puts even it looks so delicious. Just remmember they print more money to make index higher every day until the government changes hand.

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