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ProShares UltraShort S&P500 Message Board

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  • jlcconsult1 jlcconsult1 May 15, 2012 10:27 PM Flag

    1330 will hold...Sure it will.....

     

    Don't take it the wrong way Ny, just hav'in a little fun. It can get awful boring some days. The fact is though after what most would call mediocre earnings this last qt. and the European mess, the economy won't grow at a rate fast enough to change what is currently know as a sloppy recovery. And to top it off Uncle Benny's out of bullets unless we fall off the cliff or a catastrophic event happens between now and the election. This is an instant replay of the last two years. Just when you think it's safe to reinvest for the long term the economic conditions sputter to a crawl or some socialist gets elected and promises more free-bees for the under privileged or the lazy.

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    • "This is an instant replay of the last two years"

      That's what concerns me. Once a pattern gets established and too recognizable, it often changes. Question is will this dip be less than expected (because for the last couple of years we've seen about 20% corrections) or much, much more. I'm open to either scenario. Will be buying back some UVXY on what appears to be a near term dip (market attempting to put in a bottom) setting up.

 
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