Anyone Bottom Fishing Buying SOXL with Me?

Discussion in 'ETFs' started by RedSun, Jan 28, 2022.

  1. RedSun

    RedSun

    I get $1,000 here and there in several of my accounts. Bought some shares for the long haul. 2-year horizon for 100% return.

    $33.88 and $33.99 entry points.
     
  2. maxinger

    maxinger

    the downforce momentum looks very strong.
     
  3. RedSun

    RedSun

    Yes. But as a long-haul small position, I'm happy to put it on. Cost no more than one day's gain from early of the week.
     
  4. Apparently OP's mama never told him, "Don't buy stocks in a down trend".

    :)
     
  5. SunTrader

    SunTrader

    Your money, your trade but monthly chart says anything but to me, hey baby come get yourself some. Monthly as in long haul outlook. And a little more than $1 away from last's year open.
    ! SOXL.png
     
    ET180 likes this.
  6. RedSun

    RedSun

    WTF your mama told you dumb ass?
     
  7. Snuskpelle

    Snuskpelle

    TBH I wouldn't listen to my mother's financial advice. :)
     
    Clark Bruno likes this.
  8. RedSun

    RedSun

    Someone's mama should tell the dumb ass child to keep mouth shut if he does not know anything. Do not make a fool of yourself.

    I'm happy to enjoy the $2.50/share gain.
     
    murray t turtle likes this.
  9. Way more downside ahead of us. Once every last lemming cries and got his nose bloody big time, when a sizable portion of the unprofitable tech companies went belly up and housing prices corrected by 20 or 30 percent that's when a bottom will form.
     
  10. RedSun

    RedSun

    Sure, wait until Mr. Trump is president again. Or Mr. Trump Jr. in White House.
     
    #10     Jan 28, 2022