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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.17+0.2%Dec 11 4:00 PM EST

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To: GROUND ZERO™ who wrote (174792)5/26/2022 8:10:43 PM
From: Turtles_win  Read Replies (1) of 220065
 
Thanks. TNA is not as volatile as TQQQ and SOXL but it is 3x IWM and IWM has certainly had a bear
market like the Nasdaq. The small cap stocks in general are earnings more money than the smaller
biotechs (XBI, LABU = 3x XBI). I probably won't feel as compelled to day-trade TNA - probably can be
held reasonably for the next 2 or 3 months. My feeling is I give it 50-50 that the bear will kick back in
after this leg up that seems to be starting. But, 50% chance that the long term bull has restarted.
I could probably make more money off SOXL or TQQQ but I would not feel as comfortable holding them
for a few months.
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