How quick the tables have turned World's Largest ETF Hit by Biggest Four-Day Outflow on Record By Sid Verma and Dani Burger February 7, 2018, 6:55 AM EST The global market maelstrom spurred money managers to yank a record $17.4 billion from the mighty SPDR S&P 500 ETF over the past four trading sessions. The $8 billion removed on Tuesday alone was the third-largest daily withdrawal in the post-crisis era. The last time redemptions were close to matching this frenetic pace? In late 2007, when cracks in U.S. equities began to show before the global financial crisis unfolded.
Out of SPXL and UDOW Pretty profits yesterday and today...done for now.... waiting for the next 1000 point drop to go back in long with those ETFs...for now just waiting...back above 26,000 and will add Shorts...for now the volatility will continue... Wouldn't be surprised by Dow 25500 today or even 24500!!!!