ProShares UltraShort Dow30 Message Board
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Comments?
P&F target is $42 as of this post:
http://stockcharts.com/def/servlet/SC.pnf?c=dxd,P
I think wall of worry may drive market higher, then fundamentals of economy will take market MUCH low,
My plan is to wait until $42 target, then load up on DXD. Comments?-
by the way still waiting for your trades this week.......anyone can say they bought last week.......what are you buying this week!
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actually f-head i sold out my position in the 90's ..... only a fool rides 20 points...bought at 74 and bought 69.50....so only down 2 points
have fun going through my old posts loser proving my points.....obviously you have to much time on your hands....your posts prove your ignorance!
PEACE.....dont get shook out in the 60's!
validation
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_T/threadview?m=tm&bn=17914&tid=78226&mid=78243&tof=-1&rt=1&frt=2&off=1 -
Congratulations your anticipation lost you 20 points last week numb nuts. And all the while you've been trying to convince others on this thread to follow you down the Hershey Highway.
I bought DDM last Monday at 30.75 and I don't try to convince others I know what's right for them. That's the way the Democraps live out their sorry existence. -
come on smart A$$........you get called out....you enjoy going around dogging people and their trades.....tell the board your winners for the next week or 2 weeks!
lets hear you smart A$$.....POS people like you makes making money in this market easy.....always chasing the trade and never in front of it!
Always anticipate,,,,,never react! -
It would take a lot of good news to get DXD to 42. And right now, the only news coming out is all bad.
- 1 Reply to tavor000
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Yet the DOW still goes up.. this last week was one of the worst weeks of news in a long time. Much of the news was "priced in" to a certain extent, but all the news pointed to a very serious recession on the horizon. I don't know who is buying stocks right now, but 3 days in a row saw heavy buying for absolutely no reason...
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DXD has never been to $42. The closest it got to that was $46, when the Dow was at 14,000. I dont see the Dow going to 14k anytime soon, therefore I dont see DXD going to $42 anytime soon.
I think we go to $90 within a week as the Dow trys to retest lows as profit taking sparks a selloff.- 2 Replies to eric2802000
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Not necessarily. $42 would imply 40% drop for DXD or 20% gain in Dow to 11,000 - very possible in bear market rally. I'm letting the technicals tell me when to buy and sell rather than fundamentals.
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I agree, we will be seeing a retest soon.
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