Area Foreclosures

[salidaco]

Vandalay! they are an import export firm right?

 

[30ashopper]

Which "managed" ETFs are you recommending? How much in fees are you paying the manager who is churning the portfolio trying to "take advanatge" of the undervalued and overvalued stocks?

From my experience of last year, averything 'managed' produced the worst return. The management was just too optimistic or unable to react quickly enough. Mutual funds got hit particularly hard last year, I feel for anyone who tried to ride it out in their 401K, they have a ways to go to get it all back.

My personal preference in this 'traders market' are the leveraged long ETFs. Going long on blue chips isn't something I'm willing to do yet, I'm too paranoid about another major drop, and inflation in 2010. I'd like to be in commodities if that happens.

 

[30ashopper]

Of interest, in terms of length and breadth of this recession compared to some others.

http://dshort.com/articles/2009/bear-turns-to-bull.htmlhttp://dshort.com/

 

[traderx]

From my experience of last year, averything 'managed' produced the worst return. The management was just too optimistic or unable to react quickly enough. Mutual funds got hit particularly hard last year, I feel for anyone who tried to ride it out in their 401K, they have a ways to go to get it all back.

My personal preference in this 'traders market' are the leveraged long ETFs. Going long on blue chips isn't something I'm willing to do yet, I'm too paranoid about another major drop, and inflation in 2010. I'd like to be in commodities if that happens.

Have you discovered Direxion 3x ETF's? They offer both nominal and inverse funds.

http://www.direxionfunds.com/pdfs/Direxion_Funds_at_a_Glance.pdf

 

[30ashopper]

Have you discovered Direxion 3x ETF's? They offer both nominal and inverse funds.

http://www.direxionfunds.com/pdfs/Direxion_Funds_at_a_Glance.pdf

Hmmm.. Thx!

 

[DuneLaker]

I've got to go post a response to a friend in Dallas to check out SoWal. She just wrote that they are interested in buying on the beach here and asked about good deals.

 

[SHELLY]

My personal preference in this 'traders market' are the leveraged long ETFs. Going long on blue chips isn't something I'm willing to do yet, I'm too paranoid about another major drop, and inflation in 2010. I'd like to be in commodities if that happens.

Blue chips scare you and "leveraged" ETFs don't?

.

 

[SHELLY]

Have you discovered Direxion 3x ETF's? They offer both nominal and inverse funds.

http://www.direxionfunds.com/pdfs/Direxion_Funds_at_a_Glance.pdf

Interesting statement from their website:

"Direxion Shares ETFs seek daily investment results. Investors who choose to hold the funds for periods longer than one day should recognize that their holding period is not in line with the fund's objective and such investors should regularly monitor and adjust their position to harness the daily objectives of the funds for their longer holding period."

Sounds like a lot of work to me.

.

 

[traderx]

Interesting statement from their website:

"Direxion Shares ETFs seek daily investment results. Investors who choose to hold the funds for periods longer than one day should recognize that their holding period is not in line with the fund's objective and such investors should regularly monitor and adjust their position to harness the daily objectives of the funds for their longer holding period."

Sounds like a lot of work to me.

.

Nah, just trade them on hourly graphs.

 

[30ashopper]

Interesting statement from their website:

"Direxion Shares ETFs seek daily investment results. Investors who choose to hold the funds for periods longer than one day should recognize that their holding period is not in line with the fund's objective and such investors should regularly monitor and adjust their position to harness the daily objectives of the funds for their longer holding period."

Sounds like a lot of work to me.

.

Yeah, if you hold long and bump heads with a bear market or a lot of volotility, these things can definitely eat your lunch. I'm a blue chips fan over the long haul myself, I'm just not convinced we've reached a point where we'll see any growth. Most of 2009 is looking to be a total wash afaict. In the mean time I'm just trying to claw back what 2008 took away through short term trading on the order of a few weeks or so, using tight stops to get me out. I figure what the heck, the market isn't going anywhere any time soon, might as well play the swings for a while.