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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,258.06
(
0.02%
)
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thecon00

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thecon00

Re: Cryptics post# 49696

Monday, 10/27/2008 10:08:45 PM

Monday, October 27, 2008 10:08:45 PM

Post# of 137480
Cryp: keep in mind this ETF trades at 2X the beta of S+p500 so if ur long the market at this point your in a very comfortable position. im for one am happy to be in at $28. remember, on an up day of say 3% in the s+p this will be up 6%+ so these small fluctuations are meaningless. the move were all taking a bet on, and waiting for is a sustained market rebound. a bet im willing to take at these levels. all imho.

hope this helps - con
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