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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Davy Crockett who wrote (16376)12/17/2014 12:22:35 AM
From: stuffbug1 Recommendation

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Davy Crockett

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I don't think it was the Globe article.
Do many Americans read the Globe?
Although not quite as high, volume for both RUSL and RUSS (the 3x Russian Bear ETF) was very high on Monday as well.

Dollar volume was actually higher in RUSS today.
As RUSL has formed an inverse parabola on the daily chart, RUSS has gone parabolic.
On the daily chart, the RUSS parabola is showing the initial signs of a collapse.

If, at the beginning of 2014, someone had bought $5,000 worth of RUSS and $5,000 worth of RUSL, the $10,000 gamble would now be worth $18,000.
A triple leveraged ETF strategy that handily whipped the SPX (up till now, but quickly sell those Bear ETFs before the parabola collapses). .............................lol
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