ProShares UltraPro tracks the S&P 500 and uses leveraging techniques to triple the performance of the S&P 500. If tomorrow goes as expected this thing will move back above the 50 day MA. In the stock trading world crossing back above the 50 MA is called "finding support." We may as well take advantage of the expected across the market move upward; It's worth "at least" a small position to take advantage of an expected move up at triple profits isn't it?
Join me if you must, but this ain't no financial advice :)
Join me if you must, but this ain't no financial advice :)
