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Post# of 116677
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wadegarret

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wadegarret

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Wednesday, 05/22/2019 10:07:12 PM

Wednesday, May 22, 2019 10:07:12 PM

Post# of 116677
SOXS, sold @ $6.56, back in SPXS @ $20.19

Did the trade yesterday. However I believe SOXS will continue to outperform SPXS on a % basis till it hits $8-$9. Thing is, although I made my entire years loss back in a couple weeks, plus some with SOXS, it actually made me uneasy playing it for the extreme volatility. Amazingly though, got out of SPXS around $18.80 to play SOXS a few weeks ago in the mid to upper $4s. Now back in SPXS at $20.19, while up 3% for the year as of yesterday, after being down 41%+ a few weeks ago ! Other than March-April 2009, that was the quickest and largest comeback both % wise and dollar wise I ever made.
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