Killing me. Hold or sell?
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Thread: DXD- Ultra short Dow 30
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04-23-2010 07:48 PM #1Banned For A Day
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DXD- Ultra short Dow 30
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04-24-2010 12:42 PM #2Catalina Wine Mixer
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Depends on a lot of things..
whats your pain on it percentage wise, whats the percentage of your portfolio, how many other things do you have short vs long.
Markets gonna get choppy next week... But the probability the market goes up 5% percent vs down 5% is 35% in my eyes.... So adjust your size to where you can have it as a hedge against your longs then as the market turns, if it does, turn overweight the position.
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04-27-2010 05:59 PM #3Catalina Wine Mixer
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You hold it..?
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04-27-2010 06:15 PM #4Banned For A Day
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Yes sir, i'm planning on dumping it at 27 right now.
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04-27-2010 06:30 PM #5Catalina Wine Mixer
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I'm thinking its gonna chop around here a little... then 65% chance correct for 5%
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