$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...
Somehow, it doesn't seem worth it. Shall I cut my losses?
While there is a possibility of it going up, even if N reaches near its highest point, it's not enough.
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J_M_RIN : The PER is lower now compared to when N last reached a high, so it is relatively cheap, you know~
kz3156 OP : So, I kind of understand the concept of "hence the improvement", but if N's PER were to rise to a level similar to last time, and if SOXL were to exceed $70, not to mention reach around $80-90, then I don't think it would make sense for SOXL to be better. I think the current situation is tough because you need to correct the volatility caused by sharp rises and falls.
J_M_RIN : It depends on individual perspectives.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
If you follow NVIDIA's mindset, it might indeed be like that.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")