Normally, it is bad to go against the trend. But do you think there could be capitulation here? After all, there were all the hypes on how one can make good money on 2x inverse ETFs. Did this lead some sheep into the slaughter house and now cannot endure the pain anymore? Remember Newton's law?
>SRS Chart
Historically, this is a good time to buy stocks. At the same time, I want to leave you another quote from Kung Fu Panda, “Yesterday is history, tomorrow is a mystery, but today is a gift. That is why it is called the present.”
Disclaimer: I own SRS at 54.50
Wednesday, December 17, 2008
Against All Odds
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