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ProShares UltraPro Short Dow30 Message Board

  • rockwoodpaul1 May 11, 2013 5:33 PM Flag

    DJI has had at least one 8%+ correction in 11 of the last 12 years

    -2012 had two separate 8% corrections from May-June, Oct-Nov
    -2011 had one 19% correction from July-Aug
    -2010 had one 15% correction from May-Jul
    -2009 had one 36% correction from Jan-Mar
    -2008 had a drawn out 60% crash from May-Dec
    -2007 had two separate 8% corrections from Jul-Aug, Oct-Nov
    -2006 had one 8% correction from May-June
    -2005 had one 9% correction from Mar-Apr
    -2004 had only minor corrections
    -2003 had one 17% correction from Jan-Mar
    -2002 had one 35% and one 20% correction from Mar-July, Aug-Oct
    -2001 had one 14% and one 24% correction from Mar-Mar, Aug-Sep

    The higher the DOW goes the better...16k looks doable right now. Could see this continue to go up for a few more months. Expecting a minimum 10% correction later this year.

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