Opinions
Vinny Catalano
ProSh UltraShort Dow30 E.T.F.
DXD-N
DON'T BUY
Jan 02, 2009
Short on the Dow. Doesn't think the lows will be retested. Thinks the Dow will gradually work its way higher during the 1st and maybe even the 2nd quarter of the year, with corrections along the way. For this, you need short-term timing tools in order to get in and out.
$50.581
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
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COMMENT
Basically, makes money if the market goes down. Has a leveraged factor of 2 which means that it goes up twice as much as the Dow goes down. Use this as a diversifier in a portfolio, especially if you are worried about the market and didn't want to sell your stocks. A short-term trading instrument.
E.T.F.'s