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Newtrader7211

02/07/18 10:47 AM

#1427 RE: eric4x #1423

Eric,

Looks like we are in the same boat. I did the same yesterday (you did however sell a little higher and buy a little lower).

See you on the SVXY board?

GL

Jim

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joezapp

02/07/18 4:53 PM

#1433 RE: eric4x #1423

eric and Newtrader: You really haven't figured this game out yet. IF SVXY gets back to it's prior levels, that would take YEARS to occur. The SVXY had a total reset. Additionally, another day like Monday at any point in the future will take it down exponentially again...likely to $1-$2. This is not an instrument to hold long-term. You need to get off this game when looking for long-term gains and find something that doesn't carry the downside risk. It took years to find out, but SVXY is a short-term gamble, not a long-term investment!