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.
2:52p, 10/29/08
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.
I'll make a note to buy it a few hours after you do in order to time the bottom correctly.
4:03p, 10/29/08
Excellent find. I was thinking about ultra emerg markets 2 hours ago. what is the ultra long version?
4:14p, 10/29/08
tab - try eem. You can also trade fxi, ewz, ewy and veu. For shorts there is also efu and fxp.
Sponsor
9:09a, 10/30/08
Should EEM be up a bit today because of how well the Asian markets did last night?
9:19a, 10/30/08
n/m thought you said EEV
[This message has been edited by McInnis 03 (edited 10/30/2008 8:42a).]
[This message has been edited by McInnis 03 (edited 10/30/2008 8:42a).]
10:03a, 10/30/08
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'm thinking of setting a buy limit at 92 or so, let it come to me.
10:06a, 10/30/08
People are going to take profits soon with the recent jumps, that alone should get you a few percentage points.
10:21a, 10/30/08
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.
10:27a, 10/30/08
I got in at 93.60
[This message has been edited by McInnis 03 (edited 10/30/2008 9:27a).]
[This message has been edited by McInnis 03 (edited 10/30/2008 9:27a).]
10:34a, 10/30/08
Be careful. The world markets look due for further rally after a pullback today or tomorrow.
10:54a, 10/30/08
Another factor working against EEV temporarily
http://www.bloomberg.com/apps/news?pid=20601087&sid=aUNPTGKAY_bQ&refer=home
http://www.bloomberg.com/apps/news?pid=20601087&sid=aUNPTGKAY_bQ&refer=home
11:51a, 10/30/08
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...
Man, not sure how to play this... get a quick 3 points, watch it throughout the day, wait for market pullback... decisions decisions...
12:01p, 10/30/08
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....
12:24p, 10/30/08
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!
Soon enough it will be MAD MONEY WITH JEFF HAMILTON! BOOYAH!
2:44p, 10/30/08
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.