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Old 03-09-2020, 11:22 PM
Ken07AOVette's Avatar
Ken07AOVette Ken07AOVette is offline
 
Join Date: Dec 2008
Location: Alberta
Posts: 24,071
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Quote:
Originally Posted by Arty View Post
I'd wait until 70 cents anyway, even if you miss the absolute peak, you won't miss much. As weak as the US economy is, it's still bigger and stronger than the Canadian one with an arguably more business-oriented leadership. I still remember 65 cents and they never had a virus scare back then.

And when the markets appear to trough, you'll probably want to take some bear put spread positions in SDS in a US denominated account which will need US capital deposits, as they are net debit to open.
I am sorry- I read this every way but upside down, and I can not figure that out
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Only dead fish go with the flow. The rest use their brains in life.


Originally Posted by Twisted Canuck
I wasn't thinking far enough ahead for an outcome, I was ranting. By definition, a rant doesn't imply much forethought.....
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