Replies to post #468 on Direxion S&P Biotech Bull 3X ETF (LABU)

[THREE-DAY-TRADER]

Looks awful right now & a person can't be right precisely all the time no matter how good they are or have been, but I still think there is a good chance this interest rate issue subsides soon for at least a brief period long enough to pop this up into a short term profitable trade. This thing is so excessively gauged pessimistic & oversold that one of these days the reversal will probably be fierce.
I'm still looking at adding a 3rd time yet. Down currently on my last two entries (3.29 & 3.66), but not down too much relative to upside & relative to my total average scale-in price once I'm done adding here. $LABU