Speechless. It's difficult to trade if you are not available during market hours. I definitely did not see the market drop coming.
The numbers were bad as expected. Futures are slightly up, but hang on.
Still building my IRA portfolio.
beanie,
Name you time frame and I will bet you that SLX or MOO will outperform PBW.
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.