DRV
Just made my first trade of 2016. I sold my position in FCEL and used the proceeds to buy DRV. It’s nice when a position that “isn’t working out” still gets you 18% profit since Dec. The upside for DRV just looked much better over the next few months. It’s a 3X ETF so I wont hold it for more than a few months.
Edit: Also consider IYR chart which looks ripe for a fall.
What are you using as a stop, Mark?
see this chart link: http://schrts.co/6kCc3w
Thats what I was thinking, thanks. I’m joining you now.
Me personally… totally done with the 3X investment bank skimming vehicles
Well…they aint making any more land
🙂