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Opinion on UltraShort S&P500 ProShares (SDS) Sector: Financial > Industry: Misc. Financial Services
Short Term Market Pullback!

Mar 16, 2009 02:47 PM GMT

Darth Vader

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The market was unable to move higher today. We are probably due for a short-term pullback over the next several days. The S&P 500 closed at 784.04 down 10.31 (1.3%). If the S&P 500 breaks below 760, we could see a move down to 740. After this next pullback we should see a rally back to 8,000 on the Dow and 800-820 on the S&P 500. The Russell 1000 & 2000 should perform similarly.

Options expiration is tomorrow so any move up or down will be affected by this event. Next week will decide the extent of this short-term market pullback.

SDS: This call was made on 03/16/09 @ $88.44

Rating:	$88.44 (03/16/09)
Closed:	03/23/2009 @ $77.76 (-12.08% in 7 days)
Target:	$95.00 (+7.42%) in One month

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UltraShort S&P500 ProShares (SDS)

SocialPicks Sentiment:

This Quarter's Sentiment:

All:

77.5%

Top:

82.0%

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Darth Vader previously rated SDS

	-3.45%		Bullish on SDS ... 11/10/2009	0
	+4.18%		Bearish on SDS ... 11/09/2009	0
	-4.30%		Bullish on SDS ... 11/05/2009	0
	+1.29%		Bearish on SDS ... 11/03/2009	0
	+2.71%		Bullish on SDS ... 10/29/2009	0
	-7.46%		Bearish on SDS ... 10/19/2009	0
	-2.60%		Bullish on SDS ... 10/16/2009	0
	+5.41%		Bearish on SDS ... 10/06/2009	0
	-1.30%		Bullish on SDS ... 09/24/2009	0
	+4.54%		Bearish on SDS ... 03/23/2009	0
	+2.26%		Bearish on SDS ... 02/23/2009	0
	+3.43%		Bullish on SDS ... 01/21/2009	0
	+2.95%		Bullish on SDS ... 01/14/2009	0
	+8.72%		Bearish on SDS ... 12/07/2008	0
	+11.46%		Bearish on SDS ... 11/21/2008	0
	+7.36%		Bullish on SDS ... 11/10/2008	0
	+11.53%		Bullish on SDS ... 10/31/2008	0
	+3.79%		Bullish on SDS ... 10/23/2008	0
	+4.41%		Bullish on SDS ... 10/17/2008	0
	-9.86%		Bullish on SDS ... 10/13/2008	0
	+20.13%		Bullish on SDS ... 10/03/2008	0
	-10.32%		Bearish on SDS ... 09/23/2008	0

IN THE PRESS

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Opinion on UltraShort S&P500 ProShares (SDS) Sector: Financial > Industry: Misc. Financial Services Short Term Market Pullback!

Opinion on UltraShort S&P500 ProShares (SDS) Sector: Financial > Industry: Misc. Financial Services
Short Term Market Pullback!