SHRT DOW30 PROSHARES (DOG)

All Comments on DOG

  • commenter
    Oct 12 01:20 AM
    Fibonacci Unhinged [view article]
    Whenever I see something like this, it makes me glad I'm not a big technical guy. Fibonacci is a nice little spiral that you learn about in math class, and it's fun to make a graphical spiral when you are learning how to program a computer. Using it to make financial decisions? Laughable. The only simple mathematical thing I've ever seen show up on a chart is the damped wave I learned about in engineering school; but nobody ever talks about it, and it would only be useful if I were a day-trader. You know what I'm talking about? You look at the day chart for a stock responding to news, and it oscilates back and forth a few times just like a LC-circuit responding to a stepped input.

    The idea that you should try to apply any sort of mathematical analysis over such a long period of time, with such random inputs as foreign financial crises, terrorist attacks, etc. strikes me as dubious.
    Reply
  • commenter
    Oct 10 11:16 AM
    Fibonacci Unhinged [view article]
    Try the Fibonacci sequence starting the first day of the ' crash ' , when Lehman bankrupcy was announced : Sept. 15th. It plays out to a tee, only excepting Sept. 29th. : The day the Senate approved the first bailout bill.
    If the sequence holds, Tuesday Oct. 14 should be a reversal day. ( 8 down days )
    Reply
  • commenter
    Oct 10 09:37 AM
    Fibonacci Unhinged [view article]
    this is stupid technical analysis... if things were predictable where it would bounce up or down (60%, 30% etc), it looses its very predictability.
    Sure, it will turn somewhere and I can come up with my own retracement levels of 25, 50, 75%....I will get it right someday!!!
    The key thing to understand is this is a fundamental change in financial markets and if the govt doesnt interfere, the bottom would be found faster and we will stabilize. Step back and take a deep breath.
    Reply
  • commenter
    Oct 10 08:07 AM
    Fibonacci Unhinged [view article]
    sapinho-is right you have to go farther back-this is the mother of all retracements Reply
  • commenter
    Oct 10 06:32 AM
    Fibonacci Unhinged [view article]
    This correction corresponds to a larger degree, you have to go back at least to 1987 to calculate fibo relationships.

    Reply
  • commenter
    Oct 07 10:42 AM
    Play the Bounce to Hedge Your Longs [view article]
    EEV is the double inverse of emerging markets. As money is pulled out of foreign markets this fund will rise. Specifically, the BRIC stocks are are falling, especially in Russia.
    Bear market funds like QID use investments that are inverse to the stock. These funds seem to know how to deal with the short sale restrictions. Most short restrictions are for financial companies, so I would not be concerned about this when selecting a bear market ETF, unless you are looking at a financial sector ETF. I bought EEV and SMN on 10/1 and am very happy with the posative returns. I expect a long term bear, probably through Q2 in June 09.
    Reply
  • commenter
    Oct 05 04:18 PM
    My Website
    An Investor's Guide to Bear Markets [view article]
    We entered the third primary leg on Monday, FYI.

    -JCL
    Reply
  • commenter
    Oct 01 12:46 PM
    Don’t Blame Wall Street - At Least Not Completely [view article]
    This guy is wrong. Wall street and g. w. bush are to blame. I've read an article on the "Asia Times" May 8th,2008 called "Why Spitzer was Bushwhacked". Now we are all "Bushwacked"...
    Dave
    Reply
  • commenter
    Oct 01 12:13 PM
    Play the Bounce to Hedge Your Longs [view article]
    How will the rescue package effect EEV? I'm thinking about getting into it but at this point I'm not sure. Can anyone help answer this? Thanks. Reply
  • commenter
    Oct 01 11:50 AM
    Play the Bounce to Hedge Your Longs [view article]
    I have qid, which is 2x inverse of NASDAQ. I would like to understand, though, how the short indexes will do if the SEC continues to add companies to the "no short" list and extends it through the election. Any views on this? Reply
  • commenter
    Oct 01 11:18 AM
    Play the Bounce to Hedge Your Longs [view article]
    when the bailout is passed the market will focus on earnings and the economy. Look out below. Reply
  • commenter
    Oct 01 06:20 AM
    My Website
    Play the Bounce to Hedge Your Longs [view article]
    fat lady aint sung yet by a long way...regards the bailout i put market ticker's video on my site..take a look and ring your congressperson.p Reply
  • commenter
    Oct 01 05:45 AM
    Don’t Blame Wall Street - At Least Not Completely [view article]
    Good article. I agree with OldLimey..people of America have too much of free lunch..living off rich lifestyles on credit cards.. Reply
  • commenter
    Sep 30 11:09 PM
    Don’t Blame Wall Street - At Least Not Completely [view article]
    Pretzel Logic - Yeah, I said "Reaganomics has now been discredited" and I'll stand by that. Perhaps I need to nuance it a bit but without a doubt the doctrine that prosperity would "trickle down" and tax cuts for the wealthiest portion of America really benefit the general public is now in the trash heap. This isn't partisan politicing - I actually think Reagan did some great things - but the mythos that he helped normal working-class people such as myself is clearly false.

    My comment about the 60's and 70's was (admittedly) not specific enough. What I meant is to say is that middle class wages, as compared with the wealthiest crust of America, were actually much closer than what we have today. Clearly we have a widening wealth gap now and a squeezed middle class and ABSOLUTELY Reagan's notion of a tax cut for all and huge deficit spending was the start of our disaster today. (And by the way, for everyone who want to assert that "defense spending in the 80's brought down communism" and thus were justified deficits, I suggest you look at the correlation btw oil prices and fall of the Soviet Union. Many Soviet economist, post-fall, cite that as the main actual internal problem for the USSR - not Reagan's antics.)

    But I digress, instead or Reaganomics, we need a progressive tax code the lessens taxes for the middle class, holds upper middle-class taxes steady, and raises taxes on the wealthiest couple of percent of America. We should provide targeted incentives for job creation, but a tax cut for the wealthy and job creation are not directly (or at least efficiently) linked.

    To repeat, trickle-down economics has been discredited along with the Bush tax cuts. I'd be interested to hear other thoughts on this along with Pretzel's comments.
    Reply
  • commenter
    Sep 30 11:03 PM
    Play the Bounce to Hedge Your Longs [view article]
    I've had about 1/4 of my portfolio(s) hedged form time to time in shorts (generally puts). While this has mitigated the downside somewhat, I've still gotten whacked.

    I don't know how people who are all long are doing. Not well, I guess. This market sucks. It's made me a better trader...but I'd rather invest in fundamentals.
    Reply