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

Tomorrow

[Prisme13]

Banks will have to undergo rule changes with regards to LIBOR tomorrow and 3 majors banks have quarterly reports on Friday. If the S&P technicals and contractions in Q reports are accurate I expect HVU to have another nice day.

[darthsidious666]

This is a perfect example of why you should never bet on hvu based on assumptions or speculation. You buy hvu when its been hammered down low. When the vix is oversold or down 20 % from last high. Good hunting folks

[darthsidious666]

*when the vix is oversold or down 15-20% from last spike

[Prisme13]

It went down 20 cents because JP Morgan showed small growth while Citi and Fargo posted losses in the expected ranges. Financial sector is giving itself a big high five for achieving mediocrity. HVU will slide back up a little when the S&P 500 realizes their exaggerated joy and I will most likely take a small loss. It's ok, I'm waiting for the BIG fish to bite. Plenty of S&P 500