Leveraged DDM underperformed DJIA today?

Discussion in 'Stocks' started by a529612, Jul 30, 2007.

  1. Why is x2 leveraged DDM only up 0.6% today while the DJIA is up 0.7%?
     
  2. rc5781

    rc5781

    no wonder i don't buy etfs...
     
  3. Because on friday there was a discrepancy so it is compensating for it on monday.
     
  4. S2007S

    S2007S


    I think alot had to do with the closing on Friday, I noticed the same thing as well. There were many trade imbalances after the close on Friday. I trade most Proshare ETFs and even when the Russel 2000 slipped into the RED the UWM was still trading up over $1.00. So I think alot had to do with the AH on Friday.