Direxion Daily Energy Bull 2X Shares (ERX)

[dannyzee84]

I'll be playing ERX and FAS until Q1 cause I agree that oil will fall on a knife.. I am hoping ERX will hit 25-30 before March. I am loaded on calls on two different strikes.

I also think the market hasn't bottomed yet.. I think by eow we will see bottom, perhaps today. That micro short squeeze yesterday was nice and I think shook some bears. I am bearish on the market overall but I just can't see oil/energy going much lower and trading sideways.

Nice trade and hold on ery!