best case we go in the next days 13,6 percent up
that would equal around
40 percent down on
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DiMoney : Say we do go up 13%, whats next? If a pullback, how far back do you think? Is the recent pullback the only september negatives we have, or do you expect further declines?
JonSnow OP DiMoney : hard to say, I set my focus to the horizont, and look on every step not to fall, if I was scared of heights I would just quit
Daring Lu : my take is that Nasdaq 100 is already very high.
US macro or situation in near future is gloomy.
Upside is limited before a major correction
Downside is huge.eg. 20 to 50%.
Hence, SQQQ should do well in the near term until Recession or worse happened.
This is my 5 cents thought.