The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
5 pts

Opinion on  UltraShort Dow30 ProShares (DXD)
Fade the rate cut rally

Oct 30, 2008 02:36 PM GMT
11235
Return Risk
+0.87% MID
Sr. Associate

It's hard to follow a rate cut when it takes months and months for bank to trust each other to begin lending.  US banks have enough to lend, the only problem is... they don't know who to lend to.  Everyone who wants money is a risk at default... and why lend money to a GM/Chrysler, SHLD, when they have the borrower has the potential of not paying the money back.

Dead cat bounce, although anything under 8,000 should be bought!


DXD:  This call was made on 10/30/08 @ $73.67
Rating:   Positive   $73.67 (10/30/08)
Closed:   11/07/2008 @ $77.89 (+5.73% in 8 days)
Target:   $75.00 (+1.81%) in Three months


Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 noshoes 21.10 +34.44% 381
2 Gerald Greene 18.14 +71.24% 211
3 stockmarketfunding.com 17.66 +25.60% 55
4 akiralegrand 13.47 +14.32% 62
5 anup2104 12.13 +74.22% 40


POPULAR STOCKS
Symbol Company Name Sentiment
MCD McDonald's Corp.
AIG American International Group Inc.
JNJ Johnson & Johnson
SIRI Sirius Satellite Radio Inc
GE General Electric Company
INTC Intel Corp

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
UltraShort Dow30 ProShares (DXD)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
80.0%
Top:
100.0%




Latest Picks by thebigkill
Symbol SP Sentiment Rating Return Since
FXE Negative -1.60% 10/30/09
EWY Negative -3.31% 10/30/09
EPI Negative -8.14% 10/30/09
SBUX Negative -8.20% 10/30/09
FXP Positive -21.47% 08/06/09

View All >
   
thebigkill previously rated DXD
Positive +13.01% DXD
02/24/2009
1
Positive +21.70% DXD
02/11/2009
1
Neutral/Hold +2.16% Quick short-term trade while DOW nears top of range
02/27/2008
2





IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch