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Pastimes : The Philosophical Porch
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To: Real Man who wrote (8368)4/6/2018 5:24:07 PM
From: Rarebird   of 26251
 
I had a great day in the markets today and actually made a few dollars. Not bad considering I expected to lose everything. I bought SPXS early on and it outperformed my portfolio. And I didn't close out the position at the close. SPXS is an insurance policy for me. I am not looking to profit from the position. As long as I get out unchanged, that's fine with me. I'd rather see my longs surge and profit in that manner.

I held SPXS over the weekend.

I gotta think eventually 2580 breaks to the downside and all hell breaks loose as SPX trades below $2500.
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