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I bailed out of PAL friday, Ill get back in if/when it comes down to 3.85 or so. Looking at the five year chart for Palladium it appears the price has hit the top of the trend for now and will bounce hard off of 450/oz. Could be a 20 to 30% drop in price on the way. With my luck I'm...

Count me in, I nibbled on pal at 3.95, added more at 4.04 and 4.48. 5 years ago when Rhodium was 380oz who would have thought it would eventually be worth 7200oz.

Thx for the info Daytrader98. I read the faq about distributions on their website but it did not answer that question.

Thats a relief since I own some ddm which I purchased last week I was fully prepared to be pissed over paying for someone else to enjoy a bonanza of 4 dollars a share. Its bad enough I have to hold on to the shares until the 28th. Or would I still get the distribution even if i sold before...

Are you saying that I can buy ddm between 12/20/07 and 12/24/07 and as long as the dow stays the same or goes up I can make 4 or more dollars per share?

Thx for the heads up Rennick. What does the crystal ball say for thursday?

a poll on percentage gain of your trading account per year would be much more informative.

All you Michale haters are teh lame. Seriously I value Michael's viewpoint more than 95% of the others on this site. Put him on ignore if you don't like his opinion.

In fact the sds gained 20 cents seconds after I sold it appears the correction is already begun for monday.

I just sold SDS s&p Ultra short, for a loss of 7.5% After 7 years of trying I have always done the exact opposite of the correct thing. So anyone Long better watch your assets the big correction or crash begins monday.

Is'nt a tripple top a buy signal? sell double tops buy tripple?

exactly! When I finally get sick of being short at 1547ish, I am going long for good. so look out below..... the big crash will finally come, probably by 1552 or so. And it will not end until the s&p hits 750ish which is when I will be sick of being long.

until i see s&p hit 1547 or so I am not buying into this rally.

I think a test of the lows around 1484.0 is more likely especially since the S&P closed below the 50 day Moving average. It will probably gap down below 1510.0 at the open an then bounce up for the early part of the morning before sinking like a rock. Just a guess on my part I am certainly no...

I like this poll, It has a pretty good record of correctly picking market direction.

Agreed

I am shot the SDS so, market down tomorrow, I think so. I believe we are within 10 points of the pivot point. I hope so. If no move down by the end of the week I will have to cover for an unpleasant loss.

I recall when the tech bubble finally popped few of the talking heads on CNBC would acknowledge anything was even wrong until the Nasdaq had lost hundreds of points

Today I bought heavy into SDS so I must say I agree. I think so. I hope so.

I lost 4.8% so far this year :(