Direxion Shares ETF Trust Large Cap Bull 3x (AMEX:BGU)

hedge for expected correction ....

optimal chart pattern... breakout within a rising channel, on long term weekly charts.
not only has price broken out WITHIN the rising channel, but it's also closed a weekly candle with a higher high.

Would look to start entering on all oversold selloff reversals, intraday, particularly when seen above these levels.

do right and kill everything!

accuracy

This kind of triple ETF will always underperform over the long run due to the way it is constructed. Note: I am not saying you cannot make any money holding this ETF, just that over a prolonged time it will lose money. I have now harvested positive scores on a 3x ETF and its inverse 28 times, yielding 490 points and 50 for 50 on my accuracy (6 times my harvested score was positive, but dropped below the magic +5 number).

greek debt, leverage, unemployment-- i think things are going to get worse before they get better

Buying on this being greatly oversold.

This might not be the best day to be bearish on a long ETF. But I think the volatility will eat into the gains over a few months, and a start limit of 76 might ultimately give me some CAPS points for an underperform pick.

Stock market is going up, this stock will go up 3 times it!

The game is about up. Time to short.

When you look at the internal costs and statistics of these leveraged instruments, they must all underperform the market over time. If I could, I would short them in real life.

I believe the markets will be flat to lower over the next few months. Lots of volatility. The contango will be killer on this Daily 3X.

Pretty much the same reason as the other 3x. Weak global economy and it's 3x.

-1 Jul 10 53 call
-1 Jul 10 65 call

the run is over for now

Ultra-shorts and Ultra-pros are all bad investments due to daily rebalancing

Going down 3x the market

When the overly optimistic FOMC says that household spending will be "constrained" by sluggish income growth, ongoing job losses, lower household wealth, and tight credit AND Shanghai stocks hit a seven-week low, then you know this bear market rally is finally over!

QUICK! Pick a reason to exit a market that has risen too fast and gotten too expensive. Here are three to choose from: buying power is getting exhausted according to DeMark indicators; daily sentiment indicators are 88% bullish; RSI’s and oscillators are over extended.