What would you do with this ETF?

Posted by Chris Kimble on 10/28/2010 at 3:01 pm; This entry is filed under What would you do?.

What would you do at (1)?         What do you think this is?  

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11 Comments

  1. Louis October 28th, 2010 at 4:08 pm

    China ETF???
    Patterns are suggesting to buy…

  2. Fred October 28th, 2010 at 4:15 pm

    Looks upside down. After that, I don’t want to play.

  3. Scott A. October 28th, 2010 at 4:26 pm

    Back up the truck on upside breakout at (1) – with a stop, of course…

  4. Rob October 28th, 2010 at 7:21 pm

    I empathize with you Fred. Anyway, looks like Ron is right. Risk/Reward looks quite good here. What’s the better trade…short base metals/commodities or short emerging markets?
    Doing both might be overdoing it.

  5. william October 28th, 2010 at 7:54 pm

    is that nat gas?

  6. william October 28th, 2010 at 7:54 pm

    oh, and yes, you need to buy buy buy

  7. Lukasz October 29th, 2010 at 3:30 am

    (1)Look for bounce then buy. (2) stock inverse?

  8. Bob_in_MA October 29th, 2010 at 8:16 am

    Sorry, what is it?

  9. Jeff October 29th, 2010 at 11:54 am

    Does not appear to be UNG.
    Looks much more like UUP.
    Chris has been saying the dollar bears are getting tired.
    Whatever it is, I would buy provided that triple support holds.
    Regards
    JB

  10. Aleks October 29th, 2010 at 1:45 pm

    Has to be UUP.
    Aleks

  11. Aleks October 29th, 2010 at 1:46 pm

    Funny thing it actually loks like dollar is still in some kind of uptrend. Who new?
    Aleks