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Message Boards Settings Direxion Mthly 10 Year Note Bear 2.5X - Quote Info
Slow but Steady      2-Apr-08 07:28 am    
Up 4.26% in two weeks. A slow but steady rise which will only get better as the markets back off of sucking down treasuries. $5k invested in this and $2500 in RRPIX. I expect that within one year that the $7500 gets above $10,000 and perhaps as high as $12,000 within two years...which would be nice...

the only bummer is that as funds both are non-marginable.

Kind of fun to have a conversation with oneself!! LOL!!

Also long PPR, DHF, UUP among other beaten down sectors: financials, health care mgmt, housing, building, Asian ETFs, Emerging Market Funds, Green companies, random beaten down stocks with clear global brands. Clearly playing for the rotation, short-covering and the end of the bear following in 2009-2010.

Yesterday was nice. Now the hard work begins. Looking for modest, though steady gains.

Good luck


Sentiment : Strong Buy
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awful/not related to \pooraveragegoodexcellent

smu_pnk


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  Subject Author Rating Time of Post (ET)  
 
Slow but Steady
smu_pnk Not rated 2-Apr-08 07:28 am  
 
hey smu, Have you read the prospectus? If I re...
OSUdude65 Rate it 2-Apr-08 01:27 pm  
 
Hey OSU, Sorry for the delay...got busy. W...
smu_pnk Rate it 17-Apr-08 04:46 pm  
 
Now up to 7.5% return over the past month. Nice. I...
smu_pnk Rate it 17-Apr-08 10:48 pm  
 
Schwab will allow you to margin after 30 days...
OSUdude65 Rate it 18-Apr-08 08:08 am  
 
Hard to say...
smu_pnk Rate it 18-Apr-08 01:25 pm  
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Direxion Mthly 10 Year Note Bear 2.5X (DXKSX)

Chart for Direxion Mthly 10 Year Note Bear 2.5X (DXKSX)
On Dec 24: 11.16 Up 0.08 (0.72%)
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