what will you do with $100k?

Originally Posted by travisjb I would buy 25,000 shares of DZZ PowerShares DB Gold Double Short ETN: NYSE ZZ quotes & news - Google Finance ... double-short gold But I've

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what will you do with $100k?

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09-11-2011, 09:09 PM

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optiontrader

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Quote:

Originally Posted by travisjb

I would buy 25,000 shares of DZZ

PowerShares DB Gold Double Short ETN: NYSE

ZZ quotes & news - Google Finance

... double-short gold

But I've been wrongly calling the top of gold (George Soros, seems to be doing the same, LOL) for awhile now...

It's due for a drop, and the price action/volume is pointing to some technical signs for a breakdown. On the sidelines for now, but DZZ's on my watch list - only concern is it's thinly traded.

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