$Direxion Daily Regional Banks Bull 3X Shares ETF (DPST.US)$...
$Direxion Daily Regional Banks Bull 3X Shares ETF (DPST.US)$ fucked by chairman Mao yet again...
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36 yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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Imatt007 : Why what happened?
10baggerbamm OP Imatt007 : he did the rug pull he got his 4% on employment now they raised it to 4.2 today's PPI was actually really good you had more people unemployed which sucks to me them but it's good news from a rate cut standpoint but the damage was done to the banks so I had calls I sold yesterday on the basket when I started trading down it'll expire worthless tomorrow . and at some point in the near future I'm going to be buying more of the ETF just to lower my cost basis down. because as you can see they move six bucks in a day on any movement of a potential rate cut and it's coming there is no doubt about it there's going to be a rate cut at some point I don't know when but it's going to happen and in the meantime I just got to take a little pain