Replies to post #785 on Direxion Daily Russia Bear 3X (RUSS)

[sherstock holmes]

I got some today, not quite at lows, but close. It's been a great insurance or hedge bet if one is long equities, notice this topped out on 8/24 and 1/20 when spy bottomed out. So hard to tell where things go from here, with US equities anyhow, but think the ruble and russia have 1 place to go from here unless huge oil/nat gas recovery, which I don't see happening. Options prices seem expensive, so just got shares this time, so won't lose on decay if oil and RUSS hang out here for a bit.