SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elroy Jetson who wrote (187779)1/5/2015 10:57:14 PM
From: JimisJim2 Recommendations

Recommended By
dvdw©
isopatch

  Read Replies (3) of 206084
 
Yes, leveraged ETFs have always been inappropriate for holding more than a few days -- fewer days are better for these things... about the only way I'd touch one would be for a swing/day trade and even then I'd short a long one to play the downside and short a short one to go long, but that's just a theory because leveraged ETFs are a loooooosing game for the most part, IMO, and I can think of a lot better risk/reward plays depending on the time frame... personally, I'm not trading this sector at all until I see a real bottom put in... as others have said, I don't have to get the absolute bottom (or top when oil booms), but get within 10% of it to play the trend reversal...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News