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Opinion on Rydex Inverse 2x S&P Select Sector Energy ETF (REC)
Short Term Market Rally!

Mar 04, 2009 04:27 PM GMT

Darth Vader

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The markets have rallied off their lows of last friday. We are approaching a kep resistance area of 735 on the S&P 500 (currently 726.99). I would expect to see a pull back when we touch this point. You might consider buying on pullback to around 690-700 on the S&P 500. We have a chance on going back to around 800 on the S&P 500 or 8,000 on the Dow in the near term.

REC: This call was made on 03/04/09 @ $14.285

Rating:	$14.285 (03/04/09)
Closed:	03/13/2009 @ $13.2318 (+7.37% in 9 days)
Target:	$11.00 (-23.00%) in Three months

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Rydex Inverse 2x S&P Select Sector Energy ETF (REC)

SocialPicks Sentiment:

This Quarter's Sentiment:

All:

33.0%

Top:

100.0%

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RSCR	N/A	+0.00%	11/24/09
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Darth Vader previously rated REC

	+2.32%		Bullish on REC ... 11/10/2009	0
	+4.57%		Bearish on REC ... 11/09/2009	0
	-2.48%		Bullish on REC ... 11/05/2009	0
	+5.04%		Bearish on REC ... 11/03/2009	0
	+8.97%		Bullish on REC ... 10/29/2009	0
	-7.93%		Bearish on REC ... 10/19/2009	0
	-3.46%		Bullish on REC ... 10/16/2009	0
	+14.38%		Bearish on REC ... 10/06/2009	0
	-4.67%		Bullish on REC ... 09/24/2009	0
	+1.10%		Bullish on REC ... 09/24/2009	0
	+3.27%		Bearish on REC ... 03/23/2009	0
	-17.31%		Bullish on REC ... 03/16/2009	0
	+13.68%		Bearish on REC ... 12/08/2008	0

IN THE PRESS

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Opinion on Rydex Inverse 2x S&P Select Sector Energy ETF (REC) Short Term Market Rally!

Opinion on Rydex Inverse 2x S&P Select Sector Energy ETF (REC)
Short Term Market Rally!