ProShares UltraPro Short QQQ ETF (SQQQ)

[Pat]

The Bears and Rams are playing each other in a football game. The week before the game the Bears lose their starting quarterback and their star running back. As a gambler I was going to put some money on the Bears before the injury report came out. Having seen the news, however, I change my mind about gambling on the Bears this week. Would you follow through on the bet anyway because you liked the Bears before you heard the news? If so, can you see the difference in our philosophy?

There will likely be a day when I might want to "gamble/invest" in SQQQ but the "news" has to get better before that happens.

I'm not being critical. We apparently just aren't in sync with the belief that gambling and investing are synonymous ... and that's fine. That contributes to what makes a market.

Pat