$Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS.US)$ ...

Ultratech : hibs is a good way to take loss holding long.  never bet against the market like that. buy the dip instead

Trwils1230 OP Ultratech : well see

Ultratech Trwils1230 OP : you will see. you obviously don't know shit. you are better off buying spy or qqq at an all time record high,  hold that long than sqqq and friends. even in a bear market you'll lose. plus it just ran the other day we already had a small correction. it's very hard to time accurately. the only way to really do it is buy during day when market is peaked and sell asap next day.  learn to invest.

Trwils1230 OP Ultratech : alrighty ive dca'd inverse etfs before and they worked out just fine

Ultratech Trwils1230 OP : hibl is better but now you're facing rebalancing decay.  don't fk with leveraged lol

Trwils1230 OP Ultratech : okie dokie

Ultratech Trwils1230 OP : I'm just saying instead whatever money you're putting into inversed leaveraged better off any sp500 stock instead and hold indefinitely no dca taking losses...hibs will drop to 2 and rs just like it did last time

Trwils1230 OP Ultratech : i'll stick with what i got, thx tho

Ultratech Trwils1230 OP : those big spikes on chart are not bullish. those are reverse splits because it dropped to 1  and rs up. afterwards it tanked further to 3 and rs again...there is no bottom it tanks and reverse splits. idiotic to hold but ok. it recently popped because of a correction but now the market will be bullish. you're betting against high beta stocks that outperform lol

Trwils1230 OP Ultratech : i know what a RS split is.. sounds good bud