IF the S&P (as example) does not test more than 10% correction AVXL may escape $15 or lower. Those willing to hold (until they experience REAL pain) are significant and the pros will just move on in a more volatile environment.
However, all bets are off if the Macro makes even MY positioning insufficient to be unscathed.
In the camp of NEWS in AVXL further down the road than sooner. No FOMO here, so will always look for strength and volume to signal my re entry to AVXL....be it $15 or $18.
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