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



TSX:HVU - Post by User

Post by RichyRich$on Jun 04, 2014 5:19pm
183 Views
Post# 22630989

HVU Headed to $3.00 ...

HVU Headed to $3.00 ...The problem is that if the S&P 500 veers sideways only slightly rising, volatility will still remain low. So if the S&P 500 takes the next few months to climb up to 2,000 and the crash doesn't happen until this fall, HVU could hit $3.00. It'll be a slow process of erosion as you saw in the last few days. But most erosion will happen on mid month VIX futures rollover which is June 18 this month. If the S&P 500 doesn't crash in the next few weeks, you guys will get slapped! I love trying to figure HVU and mainly for the challenge, but I've yet to win off it for over a year. The timing is too tough. It's easier to pick bottom of oversold real stocks/companies. I made HUGE money off JC Penney last Feb. Buying before the pop. Since selling HVU a week ago, I made $10,000 with IAMGold mining company, she shot up. The problem with HVU is Opportunity Cost Loss plus erosion. It's not only the money lost in erosion but the money you could have been making elsewhere by holding or only looking at HVU. Also, the problem is that it's too scary to load the boat on HVU. I'm more comfortable to load the boat on a fundamentally sound mining company that's beaten just because the industry is in that phase and no erosion. With HVU the percentage increase is high when it pops, but most don't hold it long enough to catch it, and most are afraid to put a lot down. I'll take my $10K profit in IAMGold this weekend!
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