wednesday market

[dawgball]

Can anyone here give a briefing on double/triple ETFs. I am in DXO because I strongly believe that the price of oil is at or near a bottom. But with today's volatile market, the "double long" ETF for oil (DXO) hardly moved.

Anyone explain? It's been a while since I invested in something I really don't understand. I remember the feeling, and I remember I don't like it.

 

[MadJack]

Bought CPE at 2.70.

I'm losing my ass and it's all Jack's fault! :mj07:

ended up green

i thought it was gonna pop there for a minute in the last 15 minutes. it's $2.75 AH if you didn't already know.

i had a real good day but disappointed because i started the day HUGE but they came back down.

good luck!

 

[vinnie]

ended up green

i thought it was gonna pop there for a minute in the last 15 minutes. it's $2.75 AH if you didn't already know.

i had a real good day but disappointed because i started the day HUGE but they came back down.

good luck!

I'll wait for the review :0corn

 

[dawgball]

I feel like the end of day trading today (and the after-market) is a pretty positive sign on this one. I bought a small portion. Just looking for a quadruple. Is that too aggressive?

 

[chickenman]

Jack I ended up buying some LEA at 2.08 and it rallied late for 2.38. Maybe it will open strong in the am. I put in a sell at 2.25 just in case.

:shrug:

CM

 

[MadJack]

I'll wait for the review :0corn

 

[vinnie]

hope ya saw it :sadwave: edit for review :0corn

 

[MadJack]

hope ya saw it :sadwave: edit for review :0corn

:shrug:

:00x32

 

[MadJack]

hope ya saw it :sadwave: edit for review :0corn

saw it in email. fukem :mj07: