USLV is a 3X leveraged ETF that dropped 36% yesterday. I am in for a one day bounce!
Please join me IF you like, however light of full disclosure, this is a high risk - high rate of return trade!
How many joined me for this quick (less than 24 hrs) 12% return?
Nothing is predictable right now. Investors are scared and confused. It is time to get defensive with stops.
Agreed! With the downgrades by Credit Suisse and overall futures down, we may see some blood today.
First post disappeared. I was out yesterday @ $11.14 for a 12% profit in one day! Not too shabby.
I am out with a one day return of 12%...... not too shabby!