UltraShort DXD: Ready to Move?

Discussion in 'Stock Market' started by Indiana Oracle, Apr 26, 2009.

  1. Indiana Oracle
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    Indiana Oracle The Truth is Hard to Find

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    With a retracement of the Dow Industrials imminent, if you are in touch with the market on a daily basis, the DXD appears ready to move.

    There are many views on leveraged ETF instruments (many of them wrong) around how to use them and what to expect. This quick-explanation link is one I agree with (for that may be worth) and reflects how I use this ETF. If it heads down to around 54 again, I am going long.

    Testing a Leveraged ETF Strategy -- Seeking Alpha
     

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