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BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU



TSX:HVU - Post by User

Comment by TheCapitalistBearon Jun 03, 2013 11:18am
131 Views
Post# 21475537

RE: RE: RE: RE: s&p futures

RE: RE: RE: RE: s&p futures

It will be very interesting to see what happens when we test 1590-1600. If we break theough that, this correction picks up steam. However even 1600 would only be an 85 pt correction or 5%. I've been saying all along that a 10-15% is in the cards. If Bernanke pulls out never mind 15%, I think it would be a freefall. But I also Think as soon as he sees markets tanking from pulling out he'll jump right back in with some more assistance. I just don't see him letting them fall. He's committed to stay the course.

 

Doesn't mean there wouldn't be opportunities in many ways as this debacle played out though.

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