Replies to post #529 on SyndicateTwo's Stock Board

[SyndicateTwo]

Hey Alero, I think HAL is going to trade by itself for awhile because it's in a momentum mode. I think the Fed has no choice but to end rate cuts. That should have a big effect as you said on commodities and especially gold. Gold is toast because there is really no supply/demand issue with it. It's a pure gamble trade on weak dollar.

But HAL at most will fall back into the $30s. It's a good stock and company.

I only play inverse ETFs when the opportunity sets up.