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



TSX:HVU - Post by User

Post by guido1968on May 29, 2014 9:56am
243 Views
Post# 22609438

SP500 will close in the red...

SP500 will close in the red...Last 3 weeks have been the most painful I've had since I started playing the markets nearly 20 yrs ago......2008/2009 was bad but somewhat expect with the news headlines.  This market move higher has been well calculated manipulation by the wealthy....
I managed to get my avg. down to $5.14 this morning and am fully invested. Silver lining as per my buddy accountant......if I incur any losses this year they can be carried back 3 yrs to offset my previous gains.  CRA would refund me about $35-$45k of capital gains taxes paid to them in 3 previous yrs....could be worse....

I call SP500 close sub 1905 today and sub $1900 tomorrow on higher volatility maybe spike to 15.
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