The Investment Thread

SaintInBucLand said
Feels like it too... I should have listened to my gut instead of being duped by Tom Lee, he has been touting the last few months how the IWM is going to be up 40-60% and how the Russell 2k is going to be 3000 by the end of the year. Now do I DCA more into TNA or take my losses.. I did have a nice hedge a couple days ago on SQQQ calls, so that saved me from about 80% of my losses on TNA.
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TNA and TZA are some of my go to ETF's to swing. I know today had to hurt. Will probably get a rebound on Monday but it'll probably be one of those 50% bounce rallies that fades into the close and spells more trouble ahead. Glad you bought some insurance, I always do as well. Those cheap longshot options to counter a 3x volatile ETF is a must.