I bought 1500 shares of DXJ this morning at 49.84. It closed at 50.36. I bought 3000 shares of WETF yesterday at 14. Not good timing for WETF for sure. But made $3200 on my previous WETF trade. It closed today at 12.96 (not as bad as I thought it would be). My opinion is DXJ and WETF will continue to rebound over the next few months and today was a great buying opp for both. WETF is a great stock and DXJ is a great ETF distributed by WETF. By the way, watch JJG and CHK. Nuff said. Good luck.
Blue, hope you recover monies lost at the moment and I say at the moment, I view last weeks sudden drop a hicup. WETF should move up soon. The Bank of Japan (BOJ) stimulas program should help push up WETF in the future.
Am interested in your CHK view. Carl Ican had been hot and heavy on CHK board of directors for mismanagement. Last year there was a simular situation with CVI were Ican jumped all over CVI board of Directors for lousy management. I had bought in at the $18 range, set an exit point of 20% , now I'm kicking my self for not hanging around, it's in the $40 range. One wonders if his involvement in CHK could produce same results? This weeks Monday edition of IBD has an article: page A8 industry snapshot, dealing with natgas which CHK has. I'm having to read through it a couple of times because grapping the message. The last I heard prices were kept low because we have glut of it.......now we don't ? Maybe there's another poster out there who has better feel for this area than I do!