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



TSX:HVU - Post by User

Post by donrastaon Jan 08, 2016 6:14pm
114 Views
Post# 24442019

Re:RE:Re:RE:Too quiet

Re:RE:Re:RE:Too quietThe key word there being a "bit", I'm out of both right now, current entry and exit for hvi, I have 7.50- 9.20, but since its falling that's being revised, no point in chasing hvu when all you have to do is intra day trade it, or hold overnight for the gap up( stop loss protected of course in case of a gap down).
Hvu is rising at the moment, today it broke through its previous u/r of  49.07, might pull back a bit, but as of now seems to be rising.
What to do now?, I dont know, watch the "Big short" maybe, then get those charts ready for monday, preservation of capital is the main goal right now, old chinese saying, every crisis brings an opportunity,well since that's the word that best describes the Shanghai index and the wider Chinese economy right now, let's see what opportunity awaits us. Just a suggestion,for the avid readers among us, may l recommend the following titles, "The Predator's ball", also "When Genius Failed" and "The Big Short",  I'm just getting started on John Kenneth Galbraith's finest work, "The Great Crash of 1929" also a good read and I definitely recommend it as well.
Best of luck to all and as always do your own D.D., cheers.
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