rdulep's  Instablog

rdulep
Send Message
(POSTS NOW AT TWITTER). President of TIRA Group focusing on venture capital in Finance, Marketing and Technology. Independent Trader at FXA USA. Graduate of De La Salle University with a Bachelor of Science degree in Commerce, Major in Business Management. High School graduate of Don Bosco... More
My blog:
FXA USA Market Analyses
  • Pro Shares Short Dow30 (DOG) 0 comments
    Oct 18, 2013 11:01 AM | about stocks: DOG

    Pro Shares Short Dow30 (NYSEARCA:DOG) corresponds to the inverse performance of the Dow Jones Industrial Average 30. The 5-point buy-side Scalar Analysis (NYSE:SA) chart shows 1 tested scalar bottom at $75, and 2 untested scalar bottoms at $70 and $40. If the market is indeed overvalued (too many buyers, not enough sellers), this ETF would correct to $40 with a high probability. SEE CHART HERE.

    (click to enlarge)

    Disclosure: I am long DOG.

    Stocks: DOG
Back To rdulep's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • $DJIA Dowey looking at that 18 but wondering who's on the other side.... BOO!! SELL!!!
    Apr 15, 2016
  • Oh #CanadianDollar is definitely on the run! $USDCAD $CADSGD $CADJPY
    Apr 13, 2016
  • SCOOP! $GOOG is getting in $YHOO deal! #techstocks
    Apr 7, 2016
More »

Latest Comments


Most Commented
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.