The risk to reward ratio is different depending on where the market is headed.
UVXY could spike 10-20% in a day if we get a market panic/drop otherwise it will continue to decay with each passing day.
I haven't done my D and D on TELK & UPIP so I couldn't tell you if they are long term buys. However, experience tells me they are going to drop after such a speedy run up. If they happen to be pump and dumps...then...
It would be ideal to wait for a pullback on TELK and UPIP before you pull the trigger.
Most beginners end up jumping from one losing position onto the next, and I see this happening right here with you trying to chase the pop. My advice is to set a stop loss on your UVXY position and ride it out.
thanks. I do like RIMM. ntl the stories on UPIP and TELK are too tempting and potent
to not participate... might do a 50-50 on RIMM and UPIP and TELK. See no hope
for UVXY to get back to 18+ any time soon... or ever thanks again