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DZK: Bull or Bear?

Short Term Market Pullback! Graphic_rating_buy DZK
0_vader
77%
 -1.27%
in 24 days
(closed on 03/16/09)

The market has made a great run since last Friday.  The DZK has gone from a low of $17.57on March 9, 2009 to trading at high of $24.35today.  I would expect to see a pullback in the markets sometime next week of between 5-10%.  If this pullback occurs we would be setting up for a move over the next several months of 15% or more.

If we spike up over the next couple of days 2 or 3%, I would still expect to see a pullback in the markets before a another leg up in the markets.

By  Darth Vader   (+1.16%  risk: conservative)  02/20/09 Comment


Market Technicals are Bearish! Graphic_rating_sell DZK
0_vader
77%
 +14.69%
in 6 days
(closed on 01/20/09)
The S&P 500 closed below 850 on Wednesday, Jan 14, 2009. We have bounced off 817.04 on Thursday, Jan 15. We still stand a pretty good chance of testing the November 20, 2008 closing low of 752.44.  All the major indices have broken down technically.  They all could fall a further 5-10% from today's levels.
I would expect to see a 5-8% bounce off the lows before going lower.
By  Darth Vader   (+1.16%  risk: conservative)  01/14/09 1 comment





People Bullish on DZK

0_leonora100
Leonora Piper
Principal
80%
2 days ago

Sovestor
Analyst
N/A
5 mos ago


People Bearish on DZK

0_vader
Darth Vader
Principal
77%
15 days ago

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