Remember that fund managers (and other institutional trading firms) need to run the market up in the day or two before sell-off days to pass their positions off to weaker hands (false breakouts). To hold higher pricing when they are selling, they need the "appearance" of strength to grab inventory and not have dramatic slippage of pricing. These rotations to weaker hands can take two to three days after big moves like we have had.............watch your volumes and watch flat or rising markets with negative Advance/Decline ratio's.
Credit card advances baby! Thats how you buy stocks, it's 22% interest but there's absolutely no way I don't get at least a 30% return from the market!
From my charting (NYSE on the top Naz on the bottom).......... http://www.charthub.com/images/2006/11/20/AD_Track_.png
agreed. especially if you have 1/2 your money allocated to $1.00 stocks... those always go up at least 300% if not more per day. EFUT, ZVUE,IRSN and DGSE You can't lose
Ok...sorry mate. I thought there was no way anybody could actually be serious about those things. just madness. hell, fuel the fire, kind of funny!
I understand you are joking. But, from a theoretical standpoint, I think the after tax-return of this leverage would be negative, because of the taxable earnings and non-deductible credit-cards interests !!!