Some are having double digits gain every day!作者: 快樂牛郎 時間: 2009-3-2 12:05
Buy it now and get burned.
You don't invest in something after the trend has already begun for years. If you can pull the plug in time, you will still make some money. But I assume you don't have the holy power.
The most likely scenario is:
you buy it today
get 30% gain in one week
become greedy
double your stake
and lose 80% of that in the next month作者: BiscottiGelato 時間: 2009-3-2 12:52
Even lovely oil lost hold today despite being so resilient last week.
Changing from accumulate to hold (on long positions)....
Maybe change back to accumulate when we see < 6k Dow....
See u all at S&P 500 @ 500.....作者: 快樂牛郎 時間: 2009-3-2 13:49
In addition, these leveraged ETFs have huge erosions.
If you don't get the trend right within a short timeframe, say 3 months, you will get burned even if you get the long trend correctly.作者: bluntbro 時間: 2009-3-2 15:53
nicely said....sugar coated bobby traps...作者: decane 時間: 2009-3-2 18:45
don't do it because the market has dropped more than 50% already. (this is a typical buy high sell low [in terms of short])
there's bound to be a rally (nothing of significant thou)
