I need to quintuple $20,000 Message Board

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Strategies & Market Trends : I need to quintuple $20,000

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To: Davy Crockett who wrote (83)	6/18/2012 2:41:03 PM
From: Davy Crockett	Read Replies (2) of 114

urgent business took me away... HVU.to down 24% as I write this. I'm not selling & willing to take the loss because on both a technical & fundamental basis the market has got it wrong. Sure we are, and will continue for a little bit more to have a rally. A rally on substantial, nauseating, declining volume. A rally that will smack us right into substantial resistance and a rally based in part on short covering. September/October will be the tell... possibly sooner. We will have war in the middle east & we will have the bond markets spooked (the bond market dwarf's the equity markets & is much saner - the Euro will not prevail - that is what Spain & Italy are signalling). I stand by what I said earlier... the equity markets are currently very susceptible to a crash. My only regret is not being able to buy HVU.to or VXX at the levels it is at today... (of course I could be totally wrong in this regard... markets being wrong longer then I can be solvent) but I don't so. Which is why I am hanging on to ultra-short position with HVU.to I gonna wake up one day and HVU.to will spike $10.00, $20.00 or even $30.00. A much better return then GOLD or Silver. Time will soon tell if I'm an idiot or a savant. <ggg>

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