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ProShares Ultra Dow30 Message Board

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  • warwick1727 warwick1727 Apr 29, 2011 12:17 AM Flag

    shorted DDM at 66

    It's really more a hedge than anything, in a perfect world, DDM hangs here, then we get a pullback and I would cover. Even if the market goes higher my mutual funds will go up so pretty much a wash. I just don't like the market here. It could run higher ,but higher taxes and higher rates are coming down the pipeline, not to mention high gas prices soon to take effect. Market will start to price this is in next few months.

66.31+2.09(+3.25%)Jun 29 4:00 PMEDT