Nice to see bearish reversal so far today, will scale in TZA UVXY SQQQ SDOW SPXS if they go up more today.
%% About 3 hours 'till close; looks like SPXS/SPXU beats SPXL/UPRO, so far so good today. took some profits on tech x2 longs ETFs. NOT a prediction ,simply a trend comment/LOL.........................................................
So far TZA best inverse gainer, outdoing UVXY SQQQ..... still in those plus SDOW SPXS, using 2d low stops Choppy af S&P inside day, likely it'll stay choppy til stim news
Is it just me or has anyone else noticed that every time Ken posts "Go Bears" the market turns. It must be nice to have a super power!!
TZA LABD two good recent gainers today, SQQQ uptrending though UVXY dropped a bit. I know overall markets have gone up as I've tried to bottomfish inverses since spring, since they did well in Feb and March.. I think of them as long-odds instruments with huge payoff potential.... eg see 1 year charts for any of them. Catching the spikes and selling as they reverse is key, like when I sold TVIX at 940. It'll be interesting to see if current elections cause a drop.
%% Looks like you re up on sdow...................................................................bought some more tech ETfs/out of SPXS LATE TODAY+good
Great! I like SPXS SRTY bc they're cheap with great upside/ risk:reward. TZA LABD inverse leaders, puzzled why UVXY weak laggard
%% I like SPXU +SPXS; as far as today= raised my price a bit after some time/ to get in spxs. SPXS has a great dividend + volume..............................................................
Scaled down especially TZA yesterday, rebought it and SQQQ UVXY plus sco this am Am keeping inverses for the weekend
%% I considered it for spxs, but cut a 0.5% loss Friday; even though Mondays are down enough for that to make sense/cents some!!!!! Took profits on swing cash tech etf+ tech x2 ETF...………………………………………………………………….