Replies to post #2 on ProShares Short Dow30 ETF (DOG)

[iamcanadian]

The short and ultra short ETFs seem to be a logical choice at the moment. The $INDU chart appears to have made a H&S pattern since summer with the right shoulder again making it's own H&D pattern - looks like first stop at 11500 second stop 10500 - but only time will tell. The Dow 30 gave up only 4 advances on friday.

[QuickTrade]

A Picture for everyone today:

3pm:
Dow down 2.17% 276 pts
Nasdaq down 2.50% 61 pts
S&P 500 down 2.45% 34 pts