Early openers mixed: Kiwis and Aussies -0.5%, Sth Korea +0.6%, Japan closed.
IT continues to lead Aussie sectors, +1.4% and Gold is down the most, -2.2%.
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World Stock Markets Trading Discussion - Itchy ingestion
6 replies to this topic
Posted 04 May 2017 - 08:25 AM
ONE EQUATION TO BIND THEM AND RULE THEM ALL
Quantitative easing PLUS leverage EQUAL the Direxion S&P 3X Bull ETF
This ETF has returned 27% per annum since being founded in 2008.
Says it all doesnt it.
Just front run the force (QE) with the most leverage possible (3 times) and just sit tight.
But what if the S&P falls 25% in a year
Then this ETF will have its first minus 100% year!!!!
This isnt picking up pennies in front of the steam roller
This is picking up gold eagles in front of the steam roller
I notice that Direxion has 6 out of the top 10 performing ETF's over 5 years
All 3X ETF's
Posted 04 May 2017 - 09:42 AM
buck falling, gold falling, oil falling, silver falling.
How to hedge in this environment other than buying bloated schlocks?
Burned Once (Enron, Global Crossing, WorldCrime, etc.).
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