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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ you have to understand that a lot of the reversal today were shorts that got forked in the a. if you look early on we had pre-market rallies pre-market gaines and within about a minute and a half to 2 minutes of selling took over and there was very very large block sells. they were sucked up eating up within 28 minutes everything was reversed pushing new highs so I have very little doubt that much of the gains today are not yay happy days are here again but rather the shorts got fucked in the ass.
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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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10baggerbamm OP : I think you can say or I can say with a very high degree of confidence if we get a bad economic number next week and we reverse where this basket is down $27.26 and a half any worse in there you buy it because we are gradually pushing higher and creating a new trend line there's been an enormous discount not to this leverage ETF but to the chip stocks which are for the most part the most profitable companies in the world zero debt or close to zero massive amounts of cash in the bank hi margin Market leaders in their respective sector the only thing I wish fucking Intel gets dropped from the dow and removed from this leveraged ETF because they're a freaking boat anchor
71879485 10baggerbamm OP : put ur money where ur mouth is
71879485 : profitable trading/investing never needs to rely on good prediction. no guess no prediction...yoyo
10baggerbamm OP 71879485 : hey fuckwad I had 50,000 shares of this basket early last week what do you got 10 15 shares maybe a hundred big guy
71879485 10baggerbamm OP : long or short?
71879485 71879485 : and what price level?