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Market Timing (ETFs) Forum > What are you trading?

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wavefreak58

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Posted March 06, 2008 (05:24AM)
Anybody trading in GLD, DBA, USO or SLV?
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MLtrader

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Posted March 06, 2008 (09:39AM)
those seem to be a few of the stuffs that's going up in this market. thanks partly to the weakening dollar.   
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wavefreak58

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Posted March 06, 2008 (11:44AM)

GLD seems to have a pretty good pattern of peaks and dips.  As soon as I get my assets transferred to TK I'll be making some trades in it.

DBA is going up exponentially over the last 6 months or so.  I think it has to slow down soon or there's going to be some trillionaires.  As it's an agricutural fund, I suspect that part of the rise is due to oil prices. That and ethanol production has increased demand for corn. Neither oil prices nor ethanol demand looks like it will let up soon so I'm thining it may remain strong for awhile.

 Any thoughts?