Gotta love ZERO RISK in the SP500 = $$$

Again another situation that NO one saw coming. China devaluation of its Yuan is huge news. Not one person predicted this and that's where you have to realize what could possibly come next that could knock this market down 30-40% without any warning signs.
 
S2007S said:
I went long more energy adding DIG around $38 last week.
Bought SOXL which I had a beautiful profit on Monday afternoon and wanted to hold into Tuesday but those profits have evaporated
TNA I added more but in a separate trading account and was up on that trade after buying at $79.50 but those profits are gone. I own more shares around $89. They are small holdings though....my portfolios are weathering this downturn very well. I add longs just so that I can take advantage of the small buying rallies but the over all trend is down down down.....My TZA and SPXS are shining bright today...
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I just went net long, SPY@206.49. BTFD!

Lunch time off lows and look it is green again!
 
S2007S said:
Again another situation that NO one saw coming. China devaluation of its Yuan is huge news. Not one person predicted this and that's where you have to realize what could possibly come next that could knock this market down 30-40% without any warning signs.
More...

Actually this guy called it last year. Somebody else shared this yesterday. He was spot on.
 
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