Monday, May 4, 2009

DXD

Since the rally of the mkt has been a while, i have been more and more tempted to short it as a hedge. as a investment beginner, the index i pay the most attention to is of course DJIA. so today i started by buying DXD at 50.50. it has twice leverage so a little investment can have twice the power.

i am also thinking of SKF - it dropped almost 18% today - it is obviously more volatile given the sensitivity of the financial industry. let's start with the easy one and i will probably get into skf if the mkt continue to "recover".

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