This is not how you would trade leveraged ETF's.
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fortune8 versus beanieville
- YTD:
- fortune8: 2
- beanieville: 0
- fortune8 said...
beanie,
Name you time frame and I will bet you that SLX or MOO will outperform PBW.- December 8, 2007 2:39 PM
- Beanieville said...
3 years from now:
PBW from 25 to 100 (hell yeah!)
SLX from 88 to 350
MOO from 53 to 210
NLR from 39 to 155
Which is more likely? PBW, back up 9 trucks.
Btw, PBW is an etf. Nothin wrong with 50% of your money in it. Just watch the sector and watch the chart for developments.- December 8, 2007 2:43 PM
DEC 7
fortune8 picks
SLX -
Last Trade: 88.60
MOO -
Last Trade: 53.56
beanieville picks
PBW -
Last Trade: 25.42