let there be price justice. we were headed in the right direction some months ago and then came the massive manipulation since Feb 11 this year. we need the market down to fair value per historical measures for an economy in the toilet.
should be surging had the Federal Reserve not been manipulating up the market, and unlawfully i contend as their mandate is not in making inflated prices but rather stable prices. hence, unlawful. anyway, u have to have good cash management, always having money to buy on the dips and buy at many price points and SELLING more shares than your most recent buy to capture some shares bought higher previously. You would always have money to be buying more shares this way and in more than one price point. With something like tza, you can do it less often and besides it doesn't have the volatility like uvxy does. with tza you should be buying and selling at least a few times a week but optimally you should be doing 2-4 times more often wit uvxy. the intra-day spreads are often wide enough to be constantly making a profit, except on those dreaded down days where it sinks 15-25% with insignificant upturn, but there are reversals to these days..you just cannot buy, see an opportunity to profit and pass it up..you must sell some shares all the time...if goes even higher begin to sell smaller portions until which time the price is high enough to sell larger lots...you will always have some down days along the way to then buy back in. it's a continual process, never-ending. u can profit from this. mathematically u can even with this unlawfully manipulated up market though it would greatly help if the manipulation would let up. this 2500 points added to the DOW in just 2-3 months is nonsense. You cannot even see this in the late 1990's. Fed manipulation. I could demonstrate a rough mathematical demonstration how you can gain with this. At least you are far on the correct side of fair value as I analyze the market in being 3-4 times overpriced based on proper accounting of the real GDP growth rate and market valuations in bad times actually ranges from 6 to 8.
and was deeply negative for each of the past 8 years. Go see for example the 2012 article "Negative 10% real GDP growth unmasked". Pre-massive 401-K inflows years data puts this market at 3-4X overpriced status, with small caps the most expensive of them all. The Fed manipulated this market with their egregious assault beginning on feb 11 and has been stupendous, hurting value investors and making new highs despite this country going deeper into a masked depression and corporate profits falling massively. It just does not add up except in knowing the Fed is working hard against America.