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UPRO/SSO

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Posted: #1
S@P Index stocks

upro is 3x market profit/loss

sso is 2x market profit/loss

Feel like these will be nice investments for three year time frame have invested heavily starting in 2012.....have hedged a lil with phyzz gold at 1600 average price per ounce....
 
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Posted: #2
What's the inverse of UPRO?
 
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Posted: #3
And I can't for the life of me see how this will be a good over a 3 year time frame unless you're expecting the same run up we've had from 2009 till present to be duplicated again. It's coming dow soon just don't know when.
 
 
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Posted: #4
Bill I have stops in place to avert catastrophic losses if the dow does dive----I find it interesting people think the dow will crash as its priced at 15.5-16x earnings which historically is conservative..Since Cyprus the euros have been swamping our markets with liquidity and Asian investment is at all time high.

This baby is just starting to run but covering ones a$$ is also prudent.



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