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10 pts

Opinion on  Energy Bear 3x (ERY)
Market Technicals are Bearish!

Jan 14, 2009 03:59 PM GMT
0_vader
Return Risk
+1.14% LOW
Principal

If the S&P 500 closes below 850 on Wednesday, Jan 14, 2009 then we stand a pretty good chance of testing the November 20, 2008 closing low of 752.44.  All the major indices have broken down technically.  They all could fall a further 5-10% from today's levels.


ERY:  This call was made on 01/14/09 @ $41.25
Rating:   Positive   $41.25 (01/14/09)
Closed:   01/20/2009 @ $42.44 (+2.88% in 6 days)
Target:   $47.00 (+13.94%) in One month


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0_vader
Darth Vader   77%     1 point   commented 326 days ago reply

If the S&P 500 closes below 850 on Wednesday, Jan 14, 2009 then we stand a pretty good chance of testing the November 20, 2008 closing low of 752.44. All the major indices have broken down technically. They all could fall a further 5-10% from today's levels.


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


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Darth Vader previously rated ERY
Positive +6.58% Bullish on ERY ...
11/10/2009
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Negative +5.12% Bearish on ERY ...
11/09/2009
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Positive -3.38% Bullish on ERY ...
11/05/2009
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Negative +2.65% Bearish on ERY ...
11/03/2009
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Positive +5.50% Bullish on ERY ...
10/29/2009
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Negative -13.78% Bearish on ERY ...
10/19/2009
0
Positive -5.55% Bullish on ERY ...
10/16/2009
0
Negative +20.07% Bearish on ERY ...
10/06/2009
0
Positive -26.07% Bullish on ERY ...
09/03/2009
0
Positive -5.68% Bullish on ERY ...
07/22/2009
0
Negative +21.37% Bearish on ERY ...
07/14/2009
0
Positive -10.14% Bullish on ERY ...
07/10/2009
0
Negative -49.26% Bearish on ERY ...
06/08/2009
0
Positive -43.19% Bullish on ERY ...
04/15/2009
0
Negative +16.87% Bearish on ERY ...
04/01/2009
0
Negative +3.07% Bearish on ERY ...
03/23/2009
0
Positive -29.16% Bullish on ERY ...
03/16/2009
0
Negative -0.65% Bearish on ERY ...
02/20/2009
0
Positive +5.16% Bullish on ERY ...
01/21/2009
0
Negative +15.93% Bearish on ERY ...
12/07/2008
0
Negative +4.40% Bearish on ERY ...
11/25/2008
0
Negative +22.65% Bearish on ERY ...
11/17/2008
0





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