These last 2 days I have added the most inverse positions in a long time. SMN QID MZZ TWM SCO ERY DUG SRS I'll let you know how it goes.
I already know how it goes with you. You claim to put on all sorts of inverse ETF positions, yet do so without any stop losses. You are LONG the FAZ at $54.29 average price for two accounts and it closed today at 34.30 That's nearly a 40% LOSS in just three weeks! http://www.elitetrader.com/vb/showthread.php?s=&threadid=147412&perpage=6&highlight=faz&pagenumber=1 Furthermore, as usual you REFUSE to post a "screen-shot" of your positions, when asked. Why is that? Do you really TRADE for a living, or do you attend the local junior college and receive a small posting "commission" from Baron for helping to generate web-activity on ET?
Excellent trading. We're in a recession, there is simply no way you can lose money with these double and triple short ETFs in a recession. In fact, they're like free money.
You are right that it is still a bear market, whether SPX would see 840 before 1000 I have no idea. One thing to note - SPX is now trading above 50 average, for the first time in quite a few months. Yet the index locked above 50 average on relatively thin volume. Next resistance is 950, then 1000. If you got a sell signal, then sell P.S. If this is an IHS with LS @ OCT/NOV, H @ NOV/DEC, RS @ DEC then we just might see 1000 before 840.
Lead by example? What are you talking about? I'm a forum moderator, not a supreme court justice or something. You still haven't answered the question, though.