SDS
I thought about buying some back when it fell to about $30.60, but decided not too. But I did give it serious thought. I much rather just be conservative and not own it, I'm all about defense, and unless I feel I have a great shot at success in the very short-term I rather not own the shorts. I think this market could go further down, in fact I expect it to do so. But it is not gonna be a straight line in my opinion either. Hence we did have a bounce after I sold, although the market is giving it up as of now. Time will tell. I'm not sure over the next couple of days if we have a little rally or we fall to 4600 before we bounce for a few days. I do think it goes lower than that, but there will be ups/downs and timing is nearly impossible, but I had a winning trade, so hard to get too upset about it, regardless what happens. All is just my opinion of course.
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