ProShares Ultra Semiconductors (USD)

[poor_user]

Went back to all cash again today. Made a little bit of money so am happy for now.

As a homework assignment I went thru a lot of the semis' charts today and looked at the long term. What I see is bad news. Not only have the majority flat-lined, but some are in a long-term downtrend.

There will be no growth for years to come. There is no silver bullet on the horizon too. There is nothing to make people want to invest again. Kinda Sad!!!

And all I see is government keeping the floor under the market. What an extreme joke. Almost make it impossible to trade and make serious money.