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Re: gfp927z post# 2206

Thursday, 01/23/2025 11:45:04 AM

Thursday, January 23, 2025 11:45:04 AM

Post# of 5075
gfp: Its the disparity between the potential downside compared to the potential upside. I am comfortable taking on UVXY because I don't see it dropping below $16. And a long overdue market drop could see it temporarily rise to over $60. Market breadth is still abysmal. Valuations are still sky high. The magnificent 7 have been wobbling. The 10 Year Treasury is inching back over $4.60. I'm still at 5K shares of UVXY hoping for further weakness so I can load up the remaining 5K shares with a 16-handle.

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