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1.  Re: Close to the bottom 
I decided not to buy as the spread was not great enough to average down... I agree, possibly 1-2 %-pts more on the correction, plus I want a nice dip before I throw down anymore capital towards ERX... For all we know we...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   5-Feb-10 05:30 pm
 
2.  Re: Have a great weekend ! 
Oh darn.. I lost $138 dollars today in the market... bummer...lol I've seen much worse so no complaints on my end.. TGIF..! Have a great weekend Buk and everyone! Cheers...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   5-Feb-10 04:22 pm
 
3.  Re: If You Didn&&39;t... 
Hey Schop.. I did not "Sell ERY today near 14, or buy ERX near 31.." and I hold both.. So do I have no business trading these..? :) Pengo
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   5-Feb-10 04:02 pm
 
4.  Re: Close to the bottom 
Hi Buk, Been holding a batch since mid-July and mid Sept... I've been able to close the gap by going in/out of ERX... I had noooo intension of being this patient but since I...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   5-Feb-10 03:20 pm
 
5.  Re: What an ugly day 
Yah, ERY is holding on for dear life and I think it may be able to get off life support... I've been holding ERY for waaaay too long, hoping to get out at a decent level... Main reason for...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   5-Feb-10 03:05 pm
 
6.  Re: volume is 
I think ERY is getting at a level where it may be tradable... Could see a trend from 13 to 18 range as time goes on if we contiinue this sell-off... Then we can play both sides of the coin...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   5-Feb-10 02:53 pm
 
7.  Re: Close to the bottom 
Hey Buk, I'm thinking may be good to get in today... Very hard to catch the absolute bottom... I was trying to catch this week top at 40 and we just touched 39 and went straight down... We...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   5-Feb-10 02:48 pm
 
8.  Re: 10% cut 
Hey Buk, Agree... best to be patient and let it move down to low 30s before averaging in... Good thing is, my ERY is off-setting ERX and I don't mind holding ERX longer term... As...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   5-Feb-10 01:50 am
 
9.  Re: 10% cut 
Wow... Should have sold 2 days ago... But if I had done so, ERX would have run to 40..lol I sell it runs, I hold it tanks.. Anyone getting in...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   4-Feb-10 11:46 am
 
10.  Re: Buying ERX.. 
Thanks Buk... Today was expected w/ the baby run-up we had.. Anyone still holding on to ERX at these levels or selling..? Charts still...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   3-Feb-10 04:02 pm
 
11.  Re: Buying ERX.. 
Hey Buk / Schopen Thanks for your input... Those numbers look good to me... I'm thinking about letting 1/2 of my ERY go at a loss so I can un-hedge and let ERX fly..! Right now, I'm...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   2-Feb-10 02:43 pm
 
12.  Re: Buying ERX.. 
Hey Buk, Yah, I'm hedged 1.5 to 1 on ERX to ERY, so I'm picking up some gains this time around... I guess I should have just dumped ERY when it was above 12 but I was...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   2-Feb-10 11:58 am
 
13.  Re: In ERX @ $34.74 
[A few days/weeks of bottoming and then she moves higher...] Agree... If you look at historicals, this moves in cycles so we will have plenty of opportunity to.. .
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   31-Jan-10 11:34 pm
 
14.  In ERX @ $34.74 
Today I decided to make my 1st purchase for 2010.... Looked at my charts and decided to take a stab at ERX... Got some in my IRA around 34.50 and my trading account @ $34.74...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   29-Jan-10 07:25 pm
 
15.  Buying ERX.. 
Hi Everyone, Been while since I posted... Work is still nutz giving me little time to trade... ERX is looking mighty good right now so I'll most likely pick-up some before market close...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   28-Jan-10 02:39 pm
 
16.  Re: Going down.. 
Been away from the market this week, too much office work..lol Oh wow... ERX looking mighty attractive! I'm still holding my ERY (should have averaged down, lol). Shoulda-woulda-coulda...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   22-Jan-10 04:21 pm
 
17.  Re: Going down.. 
Look's like 'da bears have the ball today... I'm excited. If we can get ERX in the 30s, I will be ready to buy! Anyone looking to buy ERX around 39 or lower..? GLTA, Pengo
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   20-Jan-10 04:00 pm
 
18.  Re: Buk 
Hey Buk, Is XPP leveraged 2x or 3x..? I looked on the profile and it did not say it was leveraged, so assuming its only 1x.. I'm looking into the...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   15-Jan-10 02:47 pm
 
19.  Re: Oil is $81 now 
Dang it... I missed the 1st boat for the year... My poor ERY is sinking... I'm sure there will be more opportunities... At least we got 361 more days to make it up... Let's...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   4-Jan-10 10:19 am
 
20.  Re: OT/TYH 
Lessons learned... I think I need to brush up on options trading and use options to hedge against my long positions (and short). That way, if the trade...
Business & Finance > Investments > Stocks (A to Z) > Stocks D  >  Direxion Daily Energy Bull 3X Shares
  pengo5   31-Dec-09 04:49 pm
 

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