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Direxion Daily Emrg Mkts Bear 3X ETF Message Board

  • cmegladon cmegladon May 28, 2010 3:34 PM Flag

    I can almost guarantee the money flows

    will show upticks on lighter volume like last week. Thisiis a qwik trade for any long. DO NOT get sucked in.

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    • Spain downgrade and North Korea time bomb could be absolutely lethal to emerging mkts with no sign NK will blink, very ominous imho.

      • 1 Reply to jadgplt7
      • just cashed out after a 40 minute hold... I made a nice profit on 1000 call contracts on the SPY index in a sweet and short 40 minute trade...took my profits off the table, because my 5 minute intraday charts tell me a lot of other day traders will be cashing out shortly for the weekend driving the SPY index down... so I figure that I'd beat my competition to the punch...


    • I know that I won't win any popularity contests on my latest move... but I did have no choice but to join on on this last 1 hour rally...SINCE IT'S ALL ABOUT BUSINESS... buying 1000 call contracts shortly after 3pm EST today... I have a strong suspicion the market may still sell off during sometime during the last... if that happens I'll just take my profits off the table... otherwise , I will ride this out up to 3:59 pest before cashing out ...there is absolutely no way in the world I will hold any position over this 3 day holiday...

      I hope most here made money today!!!

    • Great close. Have a good weekend.

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