Saturday, February 8, 2014

ProShares UltraPro Dow30 ETF (UDOW) news: In This Year Of The Horse, Ride The Best In Our Stable: UDOW - Seeking Alpha

ProShares UltraPro Dow30 ETF (UDOW) news: In This Year Of The Horse, Ride The Best In Our Stable: UDOW - Seeking Alpha



This is an excellent article by Peter Way about how UDOW, the triple Dow ETF is one of the best ways to invest in the stock market.  Peter explains how the market makers work in his article and how they love to trade the Dow stocks.  The author's article was written when UDOW was selling for $90 per share, and the price is now back over $97 per share.  The Dow had fallen below its 200 day average at the time of the low, and UDOW was really an outstanding buy then because the economy is nowhere near tanking.  So, stocks will always recover in this scenario.




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