08-04-2011, 02:54 PM
Yea, Im down 5% on the leveraged etf now, but I think it will be a ok, even if ok ends up being a long position.
Really surprised this thing took another turn south mid day today. Dow was down 400 points for a while there.
Not sure if you read the link I posted above. I think its interesting that there isnt a "thing" you can stick this on. ie, 2008 was a Leaman and the bank / housing crisis. This is just a "growth isnt as strong as hoped"....
In the end here, I think this is just a correction, and I think it is going to leave allot of good deals on the floor, if you have cash. Friday might be another bad day. I guess we will see what europe does.
Really surprised this thing took another turn south mid day today. Dow was down 400 points for a while there.
Not sure if you read the link I posted above. I think its interesting that there isnt a "thing" you can stick this on. ie, 2008 was a Leaman and the bank / housing crisis. This is just a "growth isnt as strong as hoped"....
In the end here, I think this is just a correction, and I think it is going to leave allot of good deals on the floor, if you have cash. Friday might be another bad day. I guess we will see what europe does.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
![[Image: maull2.gif]](http://bengtel.com/maull2.gif)
"If you want to change the world, be that change."
--Gandhi