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10 pts

Opinion on  Developed Markets Bull 3x (DZK)
Short Term Market Pullback!

Feb 20, 2009 03:07 PM GMT
0_vader
Return Risk
+5.35% LOW
Principal

The market has made a great run since last Friday.  The DZK has gone from a low of $17.57on March 9, 2009 to trading at high of $24.35today.  I would expect to see a pullback in the markets sometime next week of between 5-10%.  If this pullback occurs we would be setting up for a move over the next several months of 15% or more.

If we spike up over the next couple of days 2 or 3%, I would still expect to see a pullback in the markets before a another leg up in the markets.


DZK:  This call was made on 02/20/09 @ $26.0313
Rating:   Positive   $26.0313 (02/20/09)
Closed:   03/16/2009 @ $25.7 (-1.27% in 24 days)
Target:   $30.00 (+15.25%) in One month


Comments (3)

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ozipek   N/A     1 point   commented 414 days ago reply

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zhenhua   N/A     1 point   commented 410 days ago reply

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Negative +4.45% Bearish on DZK ...
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0
Positive +0.42% Bullish on DZK ...
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Negative -6.24% Bearish on DZK ...
02/11/2010
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Positive +3.29% Bullish on DZK ...
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0
Negative +17.14% Bearish on DZK ...
02/03/2010
0
Positive +6.72% Bullish on DZK ...
01/29/2010
0
Negative +19.48% Bearish on DZK ...
01/17/2010
0
Positive +15.55% Bullish on DZK ...
12/18/2009
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Negative +20.86% Bearish on DZK ...
11/10/2009
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Positive +6.54% Bullish on DZK ...
11/09/2009
0
Negative -4.76% Bearish on DZK ...
11/05/2009
0
Positive +5.76% Bullish on DZK ...
11/03/2009
0
Negative +10.78% Bearish on DZK ...
10/28/2009
0
Positive -11.67% Bullish on DZK ...
10/19/2009
0
Negative -1.01% Bearish on DZK ...
10/15/2009
0
Positive +12.36% Bullish on DZK ...
10/06/2009
0
Negative -18.04% Bearish on DZK ...
09/03/2009
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Negative -11.21% Bearish on DZK ...
07/21/2009
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Positive +22.94% Bullish on DZK ...
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Negative -6.11% Bearish on DZK ...
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0
Positive -15.45% Bullish on DZK ...
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0
Negative -54.75% Bearish on DZK ...
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Positive +13.82% Bullish on DZK ...
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Negative +10.05% Bearish on DZK ...
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Negative +14.69% Market Technicals are Bearish!
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