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TZA makes money off bearish moves;
but I'm not in that right now . Even though its close enough to 50dma to go either way.
4th quarter tends to be bullish for SPY,QQQ+ related.
TNA tends to underperform+ be wild also LOL , like today. Good points
I'm just in the TSX for now. TSX only dropped 0.5% in September, and my heavy energy exposure had a huge up month ( easily made up for a few miners that tanked even more ). So I'm finding the bearish talk on here overdone even given US indexes down roughly 5%.
I may be wrong, but it seems to be mainly US IT that corrected. A few small caps I follow here actually are starting to go up after a lengthy corrective trend. All commodity areas except Gold/Silver miners are behaving well lately. Doesn't feel like there is enough breadth to recent market weakness to support a full fledged correction imo.
