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$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (D...
$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ this morning I'm scratching my head a bit because we've got oil only down about a buck but this ETF is getting hit. this is fine because Trump is not in office yet and he can only drill baby drill once he raises his right hand and he has the power afford it to him by the American people. there's a lot of talks right now that Iran's going to go after Israel again. okay so they do but I can guarantee you this Iran's going to be put in check very quickly and Trump's not taking their shit. so I'm going to be starting to build my position in this ETF today I'm not going to go ape shit crazy. but I'm going to start to buy this morning and on any weakness over the next month or so until he's in office in January I'm going to be buying more of it. if oil gets into the mid-40s per barrel this ETF is in the twenties.
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37+ yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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151277905 (Stozzie) : I think I might join you
10baggerbamm OP 151277905 (Stozzie) : I don't understand the pin action movement today other than Trump's not in office he can't do anything I believe and this is just knowing how evil Biden Harris and more importantly the deep state is. that they're going to run through as much legislation within the department of environmental areas fish and game you name it they're going to run everything through right now to make it as difficult if not impossible for him to enact drilling on Federal Land the use of federal and for anything. I'd be willing to bet any amount of money they're going to do this they're not going to talk about it on the news it won't be on any station they're just going to be via executive order putting paperwork in front of Biden and have them put his name in and add as many roadblocks to everything that Trump wants to do between now and when he takes office. but Trump will be victorious and I believe that this is the safest way to participate and make a lot of money because his whole agenda was drill baby drill and this is it the lower oil prices go the higher this ETF goes it's 100% 2x correlated
151277905 (Stozzie) : Too right. The US (Trump) wants energy independence and oil and possibly nuclear will be fast tracked. Let's face it, who doesn't want cheap gas