Replies to post #1932 on ProShares UltraPro QQQ ETF (TQQQ)

[TRAPPER JIM]

Good plan. It's pretty unstable these days to say the least. I worry about all the flexible interest rate loans out there. They go up everytime they raise the interest rate. Those payments get so high then homeowners default on the loan because they can't afford to pay it. Which leads to the banks eating the loan as a loss. Last time the interest rates went way up we had a crap ton of bank failures. Then the Obama bank bailout money coming out of John Q Taxpayers wallets.

[fourdint]

I think I'm only allowed to do <5 day trades a week or my account changes in some way??? I'll have to research fully but think I had some warnings in that reguards on a few of my trades. Might be broker specific???

I was going to get out of T at 25 today as seems we are range bound (in 20-25) so figure it would drop Friday by close and continue and then get in lower around 20 mid next week, rinse and repete. I say "was" as now I think not, at least not yet. To be honest, I haven't done trades here or S in months as I just can't get a good read ... need that gut feel and it's not there!!! But I know I can stay like this either.