Replies to post #1237 on ProShares UltraPro QQQ ETF (TQQQ)

[luckydude777]

When I was a young boy about age 4 - 5 my dad worked at a little dinky sawmill in Long Creek, Oregon. The mill was the sole employer. Maybe 50 people lived in the community.

On special occasions, dad would drive us six young kids out into the country looking for beer and pop bottles. (No cans back in those days). [No doubt it cost dad more in gas for us to go searching for the bottles ... but he knew it was sort of like an Easter egg hunt for us kids].

We cashed the bottles in and bought candy with the proceeds. I always bought a little licorice with my money. Otherwise, there was never any money to buy it with.

So WHY do I tell this story? STOCK UP ON LICORICE! If times get real tough, kids will do your yard work for you for a few sticks of licorice. Because of inflation, it will be too expensive for kids to buy at the store.

[fourdint]

Well, I have neitherv bought nor sold in this market for awhile. So guess I'm guessing I'm long now. So losses I mention are just paper losses. I had thought about just bitting it and make them permanent losses and then kicking back and waiting. Problem is a fear of doing that on a market pop and just being the fool buy high sell low. My cost here is like $65 and now in 20s so it's pot odds. A 10% drop at $65 is 6.50 per share loss, but at 27 its only 2.70 pps loss. But only truely a I sell.. what happened is I should havevsold for a small gain but held instead, greatly I guess. I would have continuecto play this for small gains on way down ... was plan anyway. So a lot of should of, could of, would of, but didn't. Only plan now is jump in deeper on rebound but that's not going to happen for awhile. But I know long term market is up and have to look at this as long term ... and I do have fair amount of cash for rebound that I don't want to put into play yet ... should be good when it rebounds but don't expect that soon. And I droped my subscription here so just public replies.. So that's my full status and disclosers..discloses...