Currently $110. If it drops to $90-100, this could be a play. EEV is an ultrashort emerging markets fund. So if I buy it for $95 I'm betting that the markets, particullarly overseas, are going to drop because that would make the price for EEV rise. If the markets rise, then EEV drops in price like it has been the last 2 days. Highly volatile not for most people!! Do not consider EEV if you can't afford to lose the money, don't have time to watch it and have access to realtime quotes.

eev has been on my radar for almost 2 years

Dang, that is quite the volatile stock.

I'll make a note to buy it a few hours after you do in order to time the bottom correctly.

Excellent find. I was thinking about ultra emerg markets 2 hours ago. what is the ultra long version?

tab - try eem. You can also trade fxi, ewz, ewy and veu. For shorts there is also efu and fxp.

Touching 100 even in the early hours trading.

Should EEM be up a bit today because of how well the Asian markets did last night?

n/m thought you said EEV

[This message has been edited by McInnis 03 (edited 10/30/2008 8:42a).]

96. Jeff, when are you pulling the trigger on eev?

I was going to ask the same thing. it's at $94 real time.

I'm thinking of setting a buy limit at 92 or so, let it come to me.

I hate betting against the economy, but everything is up based on nothing really.

Somethign strikes me as funny about the symbol EFU when talking about shorts.

People are going to take profits soon with the recent jumps, that alone should get you a few percentage points.

93

back to 95

Sorry, I was voting this morning. I'm gonna be greedy and wait and bet that eev will fall to 87 or lower. There seems to be a lot of excitement by the bulls today, so I don't want to get in there way. I'm not in a real hurry to make a play until after the election. But I hate sitting on the sidelines - boring! I'll post on this thread when I buy and then you guys will know what to do.

I got in at 93.60

[This message has been edited by McInnis 03 (edited 10/30/2008 9:27a).]

Be careful. The world markets look due for further rally after a pullback today or tomorrow.

Not staying long.

The play is for that pullback...

3.5% in 20 minutes aint bad McInnis

Another factor working against EEV temporarily

http://www.bloomberg.com/apps/news?pid=20601087&sid=aUNPTGKAY_bQ&refer=home

Got in earlier at 93.6

Man, not sure how to play this... get a quick 3 points, watch it throughout the day, wait for market pullback... decisions decisions...

Oh... and I went in fairly big.

it's at 98 now, if you went in big, bail.

Well its at 98...

Thanks... I will take that under serious consideration.

SOLD!

Bound to be some profit taking from the move from 8,200 to 9,200...and larger moves in overseas markets....plus tom is friday....

I stopped out at 97.50

Where is my broker's commission for turning you on to eev?

I might have two OU tickets... I will let you know.

How about you give me a kickback and I'll endorse you and your recommendations.

Soon enough it will be MAD MONEY WITH JEFF HAMILTON! BOOYAH!

Where would it have to hit for some of you to get in or back in?

Looks like we may rally into the close today, that should have us wary for tomorrow, but you have to think with the gains made this week that some money is going to come off the table in trading tomorrow.