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Re: Fibanotch post# 288

Saturday, 08/11/2018 2:40:07 PM

Saturday, August 11, 2018 2:40:07 PM

Post# of 4901
I bet there is a lot of posters just waiting on
the sidelines to jump on this ETF when the market
tanks.
I am one of them.

50/50 chance this Fall that it will happen.

Since sqqq high in 2010 the ratio of loss is 416/1.
Put another way, every $416 dollar buy in on 2010
is now worth just 1$ in 2018.
If this market goes into free fall the gains could be
fantastic over the short term.
(The next 6 months from this Fall) Then bail out.


Trump will get blamed for the market tanking,
but no president can be blamed or praised for market trends.

A big market correction is eminent.
Maybe not this Fall but over the next year.