Seeking Alpha

a believer » Comments » FXY

  • 2008’s ETF Dogs Could Be 2009’s Opportunities [View article]
    Sorry, I just read the footnotes and those index ETF P/Es were as of 12/31/08.
    Jan 26 22:05 pm |Rating: 0 0 |Link to Comment
  • 2008’s ETF Dogs Could Be 2009’s Opportunities [View article]
    The index ETF P/Es on 1/26/09:

    SPY: 10
    IWM: 12
    DIA: 10
    QQQQ: 13

    Let's see where they are in 2 weeks; if substantially higher it will indicate a reversion to the mean is likely, which could mean another leg down in stock prices is coming.
    Jan 26 22:01 pm |Rating: 0 0 |Link to Comment
  • Thursday Outlook: Commodities, Emerging Markets [View article]
    I'm 100% invested in dollars, I guess you could say I'm 'long $USD.'

    I like that $USD chart.

    User 258021, since no back-tested data set could include the price movements we've seen, trading leveraged long ETFs is way too risky in this non-trending environment (unless you are day-trading).
    Oct 25 10:57 am |Rating: 0 0 |Link to Comment
More on FXY by a believer
Comments by Ticker
a believer's
Comments Stats
85 comments
Rating: 73 (111 - 38 )