marine2
963 posts
msg #69474
- Ignore marine2 |
12/1/2008 10:36:38 PM
If you want to play market. Try this: Use symbol, TWM, ProShares Ultra Short Russell 2000 and also symbol DIA, Dow Diamond ETF. If you see, using your specific filtering tools that the market will go UP put money on DIA. If you see using the same filtering tools the market will FALL put money on TWM.
Keeps you in the game playing the teeter totter method.
Happy investing!
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marine2
963 posts
msg #69475
- Ignore marine2 |
12/1/2008 11:24:42 PM
I might also mention a tid bit i got from a fellow forum member here that should be read:
alf44
- Ignore alf44
modified 7/3/2008 11:23:46 PM
marine...a caveat...
They ("Ultra ETFs") are NOT...I repeat NOT... for the timid !!!
...these Ultra ETFs...are "LEVERAGED" !!!
They move "twice" as fast as their underlying ETF !!!
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That means...if (for example) the QQQQs move UP .25 ...the QID may move DOWN DOUBLE (or more) that amount !
That means...if (for example) the QQQQs move DOWN .25 ...the QID may move UP DOUBLE (or more) that amount !
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In effect...if you are trading these ULTRA ETFs...on MARGIN...the "Bang For The Buck"...can be close to 4 times...4 times...the underlying ETF !!!
They can turn on a dime...think about that and proceed with caution !!! imo
Regards,
alf44
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rtucker
318 posts
msg #69478
- Ignore rtucker |
12/2/2008 1:04:38 AM
http://community.investopedia.com/news/IA/2008/The-Risks-Of-Triple-Leveraged-ETFs-BGU-BGZ-TNA-TZA1119.aspx
A few more new ones..... Seem to be based on Russell 1000....financials etc...
FAS makes SKF look tame .
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petrolpeter
439 posts
msg #69493
- Ignore petrolpeter |
12/2/2008 12:58:58 PM
DDM-DXD
UWM-TWM
SSO-SDS
QLD-QID
MVV-MZZ
UYG-SKF
URE-SRS
DXO-DTO
DIG-DUG
If you can flip when they flip and flop when they flop with no flops,you may get flippin rich.
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luc1grunt
622 posts
msg #69494
- Ignore luc1grunt |
12/2/2008 1:21:18 PM
Short the long ultras instead of long the short ultras........more leverage ie., short SSO vs. long SDS.......
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