DJIA

[Grieve]

I was just informed there are reverse ETF's for the DJIA / SPX... and they're CHEAP (not sure if optionable, just found out on thursday): DXD & SDS

Yeah, I've looked at those before - they've been around for a few years. And you can get options in them.

I've thought about going short the Dow a couple of times in the last few months, thank goodness I didn't. It's up a good 1700 points since this thread started. Getting short this market is too dangerous...any form of pullback and the buyers flood right back in. I think this is going to be a decent earnings season, so I'm going to try to ride it higher...

Incidently, for the year to date, the Dow is now up 12.40%, the S&P is up 18.63%, but the Nasdaq is up a stonking 35.65%! Tech is the place to be right now.

I'm sticking with Apple (up 123.16% YTD, and should go higher with the recent accounting rule changes), EMC (who I work for, up 73.35% YTD, storage industry just upgraded yesterday), a couple of financial/industrial plays (BAC and GE), and a biotec (DNDN).

My emerging market plays are doing well also - Brazil (EWZ) is going gangbusters, up 106.12% YTD. Also thinking of getting back into China (FXI, up 47.44% YTD) and India (EPI, up 85.84% YTD). Only BRIC country I'm leery of venturing back into is Russia, but it's been red hot this year as well (SBI up 112.32%). If you're bullish, best bet of all? EDC, 3X emerging markets ETF - up 162.95% so far this year!