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1.  Re: Next Buying Opp 
This week is shaping up to be a decent week to start or increase a position in this fund - if you have the stomach for it! Then grab another chunk as (and if) the S&P drops maybe another 5% to a round 1,000. NEAR TERM...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Mthly Latin America Bull 2X Inv
  mr_mourao   8-Feb-10 09:58 pm
 
2.  Re: Buying Opp in the making!... 
SOLD ALL ON FRIDAY AT $17.11 for a 32% gain in 11 days - not bad...I think it will go higher in the short term, however I'm just not willing to take the risk. I have already enough exposure elsewhere...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   14-Mar-09 08:51 pm
 
3.  Re: Buying Opp in the making!... 
Careful, now! The very oversold conditions of the last few days are disappearing fast, and DXZLX is now 17% higher since I bought it just 2...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   5-Mar-09 01:08 am
 
4.  Re: Buying Opp in the making!... 
Cool! Got it at a cheap $12.99!! Now I'm just hoping it doesn't get any cheaper!
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   3-Mar-09 01:21 am
 
5.  Re: Buying Opp in the making!... 
I'M BUYING SOME MORE TODAY!If the market holds the trend this Monday (and being noon now, there are still hours to go), then DXZLX should move today to somewhere near $13.50 - a...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   2-Mar-09 12:38 pm
 
6.  Re: Buying Opp in the making!... 
Well, good luck with timing the market! Last time I tried it about a month ago it backfired and I lost (by not winning), as I've chronicled in the previous thread...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   22-Feb-09 01:33 pm
 
7.  Re: Buying Opp in the making!... 
QUOTE OF THE WEEK:As Jeremy Grantham observes, the real mistake for long-term investors would not be to buy too early but to let stocks get away on the upside again:"If stocks...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   20-Feb-09 08:41 pm
 
8.  Re: Buying Opp in the making!... 
I agree! As much as it hurts to see my initial purchase lose value, my eyes are gleaming with all this red ink producing great opportunities. TIME TO BUY some more!
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   20-Feb-09 01:05 pm
 
9.  Buying Opp in the making!... 
Well, here we are again in another market dip. Is it a good time to buy? YES! Just don't buy it all at once, since it could go lower still. I for one opened a position today and will add to it...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   17-Feb-09 07:18 pm
 
10.  Re: Direxion smoke and mirrors 
Well, I don't remember it ever being 2.5X. However given the nature of leveraged daily funds such as this, it does make sense to consider it a 2.5X when it goes down - and then...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   10-Feb-09 12:04 pm
 
11.  Re: The trade that got away.... 
Nahhh... the next bull market hasn't started yet and is at least a few months away from starting. Besides, my comment was only about my short-term trading bucket. The other...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   10-Feb-09 12:48 am
 
12.  The trade that got away.... 
I hate it when it happens... Greed kills my profit!On Jan 20 I was "this" close to opening a position at $15.91 - I had my mouse ready to click. The pr ice...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   6-Feb-09 12:02 pm
 
13.  Re: Direxion smoke and mirrors 
I am not sure I follow your logic. Brazil is cutting late trying to stave off recession, and it may succeed. Still, even with this expected cut, the forecast if for their rate to be at 11% late...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   6-Feb-09 12:37 am
 
14.  Re: It&&39;s already dropping 
Not bad for an old geezer! Very good perception and insight. I agree completely that the commentators have no idea where this is going. And yes, with a 15-year timeframe, this would indeed be a...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   3-Feb-09 12:15 am
 
15.  Re: Direxion smoke and mirrors 
BIG MISTAKE!!! By selling NOW, at the bottom, you are only consolidating your losses. The article you linked to is full of good information, but misleading in ...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   2-Feb-09 09:14 pm
 
16.  Re: It&&39;s already dropping 
HAHA!Isn't anyone going to comment on my timing? After I sold it all yesterday for $24.93 (above my expectation), it drops today to $21.53, an almost 14% drop.Now, my dear readers, you...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   7-Jan-09 07:38 pm
 
17.  Re: It&&39;s already dropping 
Very sorry to hear about your loss. I hope you will recover it soon with DXZLX or other instruments. I believe DXZLX can reach $100+ again, but it will depend on a confluence of factors as I explained...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   6-Jan-09 04:30 pm
 
18.  Re: It&&39;s already dropping 
SELLING ALL TODAY!My last 1/3 is on the block and I will close my position today for what I expect it will be about $24.75 per share. With that, I have no more DXZLX, and plan on buying again maybe in a month. I will...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   6-Jan-09 04:17 pm
 
19.  Re: It&&39;s already dropping 
SELLING ALL TODAY!My last 1/3 is on the block and I will close my position today for what I expect it will be about $24.75 per share. With that, I have no more DXZLX, and plan on buying again maybe in a month. I will...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   6-Jan-09 04:16 pm
 
20.  Re: It&&39;s already dropping 
Mid- & long-term prospects on DXZLX:I am mostly a swing player willing to hold it for only days or weeks at most, since my view of the foggy future is limited. With...
Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds D  >  Direxion Latin America Bull 2X Inv
  mr_mourao   6-Jan-09 11:12 am
 

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