RE: S&P 1280 - RETEST Once Greece Defaults Hey ExpIore4, all good info you’ve been posting, IMO, but I wouldn’t be putting more into this ETF than your willing to loose...it's a gamblers pick...spin the fear wheel ...Horizon wins.
Other than waiting on the sidelines my way to play this gamble is to put up small risk $$ then average down when the pain gets too bad or you feel a pop coming on, set a tight stop on your double ( half your position) and if not stopped out at end of day, adjust your bet for tomorrow... holding this type of ETF can turn overnight and it's harder to jump back in after you just sold for less (human nature)
I'm down on this pig but do I want to be in, out or long .... just a trader, gambler, and trying not to feel like an idiot being robbed...LOL