Where Is The Market Headed Now? Leveraged ETFs Tell The Story - Seeking Alpha
Here is another excellent article by Peter Way about the best way to make money in the stock market. You basically follow what the market makers are doing because they will make money more dependably than anyone else. This reduces the risk of losses and improves the odds of winning trades. UDOW, the 3X Dow ETF, is the best ETF to trade. The Dow 30 stocks are the most widely held companies, and UDOW is the market makers favorite way to play future Dow moves.
The best time to buy UDOW is when it is near a bottom. If the 200 day average is still sloping upward, the UDOW will eventually get off the bottom and head toward its former high price. Even if it does not move at first, the longer you hold UDOW is the more certain your profit will be. There is a near 100% chance the UDOW will reach its former high within 80 days or a much shorter time frame. The summer will be a volatile time most likely, and this will be a good time to trade UDOW rather than going away in May!
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