stocktradr…probably a good move to get out for now. Even with only a small gain, it is better than losing money. Yes, I am waiting for spx to get up closer to the 1000 level. Low volume close to the holidays makes it easy for the market to be manipulated and I suspect the market will trend up. However, also wouldn’t be surprised if this rally stalls out ~ 950-960. Will be interesting to see if the market sells off after the auto deal passes?? (Maybe after a big pop?)
Haven’t touched the triple ETFs…don’t think they really track triple anyway. The double inverse ETFs also are not long term holds…great for a short trade if we have multiple down days/weeks in a row.