$131.75 -6.22 (-4.51%)
11/27/2009 10:39 AM

Technology Bull 3x (TYH)

CAPS Rating: 1 out of 5

Recs

6
Member Avatar ktrotter79 (99.91) Submitted: 1/23/2009 1:42:16 PM : Outperform Start Price: $38.28 TYH Score: +205.07

I am not sure we are at the bottom, but I am sure that we are very close. I am recommending a long position in this etf. Every time there is a 10% drop in the index you should buy, and every time there is a 10% increase in the index you should sell. I do not recommend purchasing and holding ultra etfs long-term. The fees are simply too high. Play the trading range and don't get too greedy.

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