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More temporary than that. Because it's not based on unwinding of leveraged loans. Unless it causes that to happen, which is yet to be seen. But even if it does, it won't cause a complete meltdown.

I'm just going to use this thread to keep a running log of my thoughts and strategies... Right now I have SPXL that is looking good for tomorrow based on futures so far. I want to sell it tomorrow, hoping that the stimulus bill will pass through Congress. I'll sell it after that happens but...

But this is all temporary.

When we have to print $100 trillion banknotes. https://www.100trillions.com/products/zimbabwe-100-trillion-dollar-banknote?variant=21048182727&currency=USD&gclid=CjwKCAjw3-bzBRBhEiwAgnnLCrqkViWle6Ex_Ij6hAyYKYyXAlQB5ZN5j4yMvwFtI-GLxVDeO1VFDxoChpAQAvD_BwE

Like this... See what the ES futures did between when aftermarket closes and before premarket opens. Then buy a leveraged fund in the same direction for that day. Do you think that would work >50% of the time?

As long as SPXL goes up tomorrow. I could care less. My personal finances are doing great. I want this stimulus news to help SPXL before any bad jobless claim or unemployment/NFP reports can drag it down. Seems markets are ignoring the fact that NYC is the new epicenter of the pandemic. They...

Pretty soon our currency will be worth the same as Weimar Germany or Zimbabwe's!!!

Did they just increase the $2 trillion aid package to $6 trillion?

In sheer volume of dollars spent... Is mortgages the primary method? Business loans?

I believe it's the opposite.

Borrow easier?

So the Fed Funds Rate directly affects the rate that large commercial banks borrow at. What is the main way that it goes from there to the consumer? Business loans? Mortgages? Refinancing of previous loans? How long would it take for these to take effect?

Unfortunately I didn't buy it. And even if I did, I probably would have sold when it was just at 10% or something.

Here's some trading I did today... I missed out on the great SPXL because I didn't want to risk large amounts of real money betting against the trend. Towards the end of the day, I decided to put $50,000 into SPXS (3x S&P bear). At first I thought the S&P sure to go down tomorrow after such a...

Hey @Sig look how bad by instincts are... It only went up 27%!!! Hahaha.

Because it could trap me in the trade until I'm forced to sell for a loss?

Wish I would have bought this SPXL today. Oh well @Sig

You just proved me right with your quotes... "I'd be interested to see". My exact words lol. And this "supply chain disruption"... How do you know how quick the recovery will be once the virus cases start to lessen? Now is this temporary virus situation causes lots of loan defaults, then that...

China saw thousands of cases per day for just over 3 weeks. They had no warning. Italy will reach the 3 week mark on about April 1st since things have gotten very bad there. I predict things will get better in Italy shortly after that point. In fact, Italy has already seen a drop the past 2...

You mean where you misquote me and I don't feel like responding cause you're annoying? Although I do remember saying it would be interesting to see if even a positively surprising jobs report would stop the downward trend caused by the virus. This virus at the time hadn't reached pandemic...