VelocitySharesTM 3x Inverse Silver ETN (NASDAQ:DSLV)

CAPS Rating: 1 out of 5


Player Avatar TSIF (99.96) Submitted: 11/2/2011 12:52:45 PM : Underperform Start Price: $43.67 DSLV Score: +20.12

Brand new erratic 3X Inverse Silver play. It's hard to plot the range and correlate it to silver at this point, but it's clearly going to over and undershoot widely and I'll try it on an overshoot from Silver's 2-3% drop. I like silver below $32 for the long run. Factor in decay and leverage and it's worth a downthumb when silver is below $32.

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Member Avatar anchak (99.86) Submitted: 11/2/2011 3:55:30 PM
Recs: 0

Velocityshares is the house to watch - has the habit of generating some interesting animals from its stable - especially for CAPS

For RLP - well that's a different painful story!!!

Member Avatar TSIF (99.96) Submitted: 12/5/2011 4:07:44 PM
Recs: 0

Banked, exited, and waiting again. Next extry $45-$47 down....

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