Wed, Oct 1, 2014, 2:11 AM EDT - U.S. Markets open in 7 hrs 19 mins

Recent

% | $
Quotes you view appear here for quick access.

Direxion Daily Emrg Mkts Bear 3X ETF Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • cmegladon cmegladon Jul 12, 2010 11:20 AM Flag

    Part of the story is in Traesuries.....Look at

    There are 2 stories on the bear side.
    1-The technicals indicated the indexes were oversold and ready for a upward correction. That is past history, and the stronger, more reliable longer term indicators 50 DMA crossing the 200 DMA and the head and shoulders are intact and true to form. So, I cannot answer your question regarding this week.....although I am 100% invested to the short side. BUT,most of my position is longer term 6mos ++ out.
    EDZ is NOT a well suited investment due to the constand erosion and short term, day trading has better suited investment vehicles.
    I prefer the SPYDers. Tradiung the SPY short and long term.
    2-The fundamentals are sickly.
    The TReasuries are an indication of how sickly.
    And the UE numbers are far worse than recent statistical analysis indicates.
    Wages are far worse than recent data indicates.
    We are on a long road (the MACRO look)
    to an evening out of worldwide wages. With Asia coming up and US going down.
    Not catastrophic, but not good, and the markets will eventually refect it.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
EDZ
34.810.00(0.00%)Sep 30 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Cyber-Ark Software Ltd.
NasdaqGSTue, Sep 30, 2014 4:00 PM EDT
eBay Inc.
NasdaqGSTue, Sep 30, 2014 4:15 PM EDT
Civeo Corporation
NYSETue, Sep 30, 2014 4:04 PM EDT