Yes it's a very leveraged etf only for shorterm trading. You can't really hold it. It has an adjustment which takes place each day and it slowly deteriorates. But when volitity goes nuts it can move 3-5 pts in a day with ease.
no worries ill take my ten or 12 grand buying 2k 40
yea..i kind of have that feeling we may stall out. 1970 on spx should be a hand banger? But some stocks i.e. biotech healthcare doing very well. Just wondering if we continue to have a rotational kind of correction? I was out all day not really following anything. back at it tomorrow.
yea..its looking great. the stock behavior has really changed. Obvious steady money flow coming in and little selling. may digest a bit next week b4 earnings
I think it's worth a shot in 55-57 area I think it could get to 60.if it sells off tomorrow you'll likely get a nice bounce. Nflx rallied 50 bucks from low after earnings.