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Technology Stocks : Max90's LINK STORAGE to stock quotes
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To: Crimson Ghost who wrote (3711)11/13/2008 3:22:51 PM
From: LTK007  Read Replies (1) of 3906
 
why i hesitate, Say at went 100% ultralong at 860SPX via SSO.
A drop from 860 to 720 seems NOT huge, but it is huge, it is 20% , and ultralong you would be buried at -40%.

i am glad you haven't backed your bullishness with GOING FOR IT!-- you hold just USO is better than me with my nibble of UYG :)

So a drop from 860 to 720 is roughly equal of drop from 1500 to 1200. Low numbers can be like the Song of Sirens to ships at sea be, in EXTRAORDINARY times like this, how many ships have already been wrecked trying to catch this bottom???. Max
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