Right!Quote from Pekelo:
How about when it drops 1-1-1% in a row?
Last year mid-June and mid-July. 3-3 days 40 and 45 points drops...
The Mid-July drop was 3.5% if you want it in %....
P.S.: Both May and July had 60+ points drops, but it took several days. Point is, you can have a downtrend without a really big one day drop...
Potentially a crash I think, BB creates Bubble to pump the market up... Statistcis shows that almost 1/6 of the americans use food stamp, but the dow has created new high after 2007, there is a serious divergence between the real economy and the economy the stock market presents, if BB didn't inject trillions of money into the market, the market would crash already!Quote from S2007S:
It is zero risk when the BUBBLE ben bernanke is printing trillions!
Without those trillions then I would say there is some risk!
Quote from S2007S:
I bought SOXL last Friday and TNA last week, and not being filthy greedy I sold both at a profit after a small move higher, now SOXL is up over $5 from there I sold it and TNA a dollar from where I sold it yesterday, go figure...I should be more greedy next time!
On a side note just went long SQQQ at $31.40!
