Discussion in 'ETFs' started by pumpanddumper, Jan 11, 2008.
Want to go long over weekend into a gap up Monday....
I have 10 minutes.
Book a ticket to Vegas instead, at least you have some fun while you gamble.
be careful pumper,don't want to see you get hurt bro.
DDM or SSO
I would go with DDM currenty trading at
77 X 77.08
Im going to say it touches 78.50-79 next week sometime. 80+ over the next 2 weeks.
NY even if the trade becomes an investment, you cant go wrong with DDM over a period of lets say 10+ yrs.
Im sure will see DOW 20k in 10 -15 yrs so, imagine getting in on DDM today 77, it would be worth well over $150 a share.
I went DDM at $76.90 and hope to scalp some upside next week. If for some crazy reason we tank on Monday again, I don't mind holding as a position trade again 1-2 weeks for the next inevitable snapback.
Have a good weekend.
Btw, I have DXD holding again too so more or less am hedging for some upside. I really should unload it soon.
People still trade the Dow this century?
ha I bought DXD under 51 and sold it for a very small profit, since that time its up about 3 bucks from where I sold it. Im looking to get back in when the DOW some day gets back to 13500+.
trade the dow?
you mean DDM....
DDM isnt your old fashion DOW play....
Separate names with a comma.