J B profile image JEBenun

J B

$0.54
UNITED STATES
5/14/08
$430,855.07

1
05/15/08
-32.8%
-56.9%
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Stock Pick by J B

SDS: When the S&P is down, SDS is always up

Start trading SDS with real money!

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1 ratings
Posted 623 days ago on 6/26/08

SDS will go UP
$68.00 on 7/26/08
$32.22 (-51.55% from time of market call)
$68.11 (2.42%)
on 7/29/08

I don't need to go into to much detail. But the market plain old stinks right now. It is at more then a 52 week low, it hasn't been this bad since October 06. I would put it in my portfolio just for insurance. NOTE TO THE "Average Joe" - who generally flows somewhat with the market: It may minimally pull down your growth in a time when stocks are up (in which case your portfolio would be up), but it is advantageous when it cuts your losses. In addition, it seems that as the price of crude oil goes up and when gas goes up, stocks generally go down. The simple explanation would be that we are going through a recession, and whether or not you agree, just watch out. Although I didn't bring in the jargon, and rhetoric some analysts posses, this analysis is a means to just give a friendly reminder of the current situation If you got all that, great, if not....well...you are on your own : ) Have a great day and G-d Bless America.

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Posted 6/30/2008, 1:49 pm

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