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Direxion Daily Energy Bull 3X ETF Message Board

  • altthis altthis Jan 1, 2009 9:32 PM Flag

    start of the new year

    I think that with the return of investors off the holidays we should see an interest in buying in the first half of january.So erx will continue to move higher. I also expect that to change when earnings start comming out towards the end of the month. Most MM will try to make some gains before then, Dow may retest 9300-9500 in the first half of this month.
    P.S The only thing i know for sure is that I really don't know and only prognosticate for fun.

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    • al,

      seriously, you have the makings of a professional trader. why? You are willing to say "I dont know." I can count on one hand in 12 years on these boards how mansay that. Even buffett doesnt and look how he is getting his ass kicked now. Take some professional technical analysis courses and try your hand at both swing trading and also day trading. Then after you double your money on paper, you might be ready to go live. Contact me if you need help. I can even give you a day trading room to get a free trial in if you like thats really good.


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