FWIW, for future use, I start buying UYG once SKF hits $118 and buy every 3-5% up (down for UYG) Then when we reverse you're ready to start booking the UYG's and i'll start adding SKF's usually around $125 but i'm thinking $130 could hold in this environment.
I anticipate UYG getting to the $27.50/$28 area unless the levee breaks. DYODD
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I thought I might be late....the banks are using this little bit of strength to announce more bad forecasts. I'll wait.
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