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Strategies & Market Trends : Longer-Term Market Trends
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To: robert b furman who wrote (2774)10/16/2014 9:04:49 PM
From: Davy Crockett  Read Replies (4) of 3209
 
Hi robert b furman,

From a risk/reward perspective SOXL looks very interesting.
FWIW I entered a small speculative position today based on the 60 minute chart (not shown here)


Tight stops in place just in case I'm wrong (which is usually the case <ggg>).
Really nice hammer on the weekly chart (assuming that tomorrow (Friday Oct 17th holds)).

I will continue to scale in over the next few days - unless something dramatic happens - then I'll just wait a few more days...
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