TSXV:FCO.H - Post by User
Post by
1rockiton Feb 13, 2021 6:15pm
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Post# 32563036
Systemtogo ;
Systemtogo ;The UVXY is an basically a leveraged short position against the Dow . If the makets get hammered this is the place to be . The last 2-3 times the US and Canadian markets tanked this position went up ten fold . Rite now iv got $2000 or 100 shares .I picked it up just as a form of insurance. Just like car insurance or house insurance, i carry insurance against my portfolio. Although im involved enough to c the markets perform, y not try to benefit from the misfortune. Good or bad we need to make money . This is my only form of income !!