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To: EEGator

If you think doom is in the forecast, hedge with SPXS. It is a 3X inverse ETF to the S&P. I just got 100 shares this morning.


8 posted on 02/13/2024 10:53:46 AM PST by calljack (Sometimes your worst nightmare is just a start.)
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To: calljack

“If you think doom is in the forecast, hedge with SPXS. It is a 3X inverse ETF to the S&P. I just got 100 shares this morning.”

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Be VERY careful with any leveraged (2x, 3x) ETFs. The day-to-day slippage will crush you. These are NOT buy-and-hold instruments. A few days TOPS is all you can hold on to them, IMO.


24 posted on 02/13/2024 11:22:33 AM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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