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Post# of 19856
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bigworld

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bigworld

Re: gfp927z post# 11301

Sunday, 12/04/2016 7:45:53 PM

Sunday, December 04, 2016 7:45:53 PM

Post# of 19856
gfp: I understand the conservative side of the trade. But when I look at the lack of breadth in the Financial's rally, the problems in Europe, etc. I think I'll be starting a position in one of the 3x leveraged funds this week. If the share price drops I'll buy more. I'm not expecting to pick up a big chunk here, no more than $25 K in total. I'll probably use FAZ because it trades in far greater volume than FINZ. The most profitable trades can often be the ones where you jump into the abyss ahead of the momentum players.
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