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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Honey_Bee who wrote (14584)2/24/2011 3:17:15 PM
From: Roads End3 Recommendations  Respond to of 222324
 
In the short term be aware of this potential wrt almost all commodities & metals, it could get violent.

zerohedge.com



To: Honey_Bee who wrote (14584)2/24/2011 3:17:17 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 222324
 
LOL!!! It's making me nervous too, but I have no reason to sell it... I'm holding my futures and my AGQ for the long haul, tomorrow it could be lower or higher, but either way, we'll eventually make new highs, this is only a pull back to shake out the weak hands... it would be better to put the purchase in a draw somewhere and look at it again in a few months, but not watch every tick, it could drive anyone loony...

GZ



To: Honey_Bee who wrote (14584)2/24/2011 3:18:52 PM
From: giddy guru  Read Replies (3) | Respond to of 222324
 
AGQ and the kind of 3X ETFs, long term hold is not suggested due to slippage. In 2009, both long and short of some 3x ETFs lost money.
Best return would be if one can short both long and inverse 3X ETFs. Usually they are hard to get.


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