about 1 year ago - 1 comment
I am expecting a snapback rally sometime this week, I believe that as we are at-near closing lows, this may be the best chance you could ever get to go long the market.
I would like to caution that this is a very long term play (years) and also a very short term play (days).
The only [...]
about 1 year ago - 1 comment
In my opinion, we found a bottom last friday.
It was textbook, the fall in the open on heavy volume, the high that followed. There is even a cup and handle pattern in there.
I expect the dow to be back above 9500 by the end of the month, so I am going to hold my 2x [...]
about 2 years ago - 56 comments
First off the good news,
I WAS GRANTED MARGIN
That means I can finally go in and out of stocks like I have always wanted to, and in this volitile market, that is the most valuable thing you can hope for.
The market was set for a turnaround and looking at where oil was going I decided that [...]
about 2 years ago - 1 comment
I decided to stay out of the market for the past two days, I just didnt have the time to spend the normal amount of attention to the market that i wanted, and on top of that, have you seen the market?
Sometimes the best trading move you can make is to not trade at all.
However, [...]
about 2 years ago - 126 comments
According to the people over at moneychimp, over the past 20 years the S&P 500 has returned 10.10% a year.
ProShares Ultra S&P500 Trust ETF (the ETF) (SSO) seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the S&P 500 Index. That would mean that if this fund [...]
about 10 months ago
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about 9 months ago
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