I wanted to hedge on the dark side when the price dropped below $60. It his $100 today.
sigh
Giant bag holder over here on UWTI.
:(
That's OK. Just made 16% on a 3x gold bear position that I held for 58 days. Could have made 19% but my crytal ball was cloudy and I got stopped out. :)
I think we will see plenty of opportunities to average down here all the way into next Spring. No rush.
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