Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 691.79

+0.6%

4:00 PM EST

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To: Turtles_win who wrote (180514)	10/12/2022 12:17:36 PM
From: Turtles_win	of 221362

If this is the early stages of great depression 2, which clearly you do not believe is so, SOXL will not exist in a few years. Odds against this being the early stages of a second great depression are low, so you toughness and tenacity will probably pay off big time. Going to be some very strange stuff possibly happening in the near future. The fear now is inflation, but in the attempt to defeat that, the fed may induce deflation. If people place big bets that inflation will persist and soar, well, there might be a lot of bankruptcies. Personally, I am just trying to survive this SOXL monster. I have done a lot of gambling in casinos. I have never, ever gambled with money that was supposed to be savings and I never will. I have seen many people devestated because they keep increasing their bets as they lost more and more money. I still think that there will be a bounce in SOXL that will allow me to escape with at least some money left. Could be wrong.

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