04-20-2021, 01:17 PM
NAIL tripped its circuit breaker and is gone. Now I get to learn how to watch a triple leveraged fund and know when it is time to get it back into the fold. LABU, for instance, is still in "good riddance" territory. NAIL (nor LABU) won't return to the taxable portfolio though; it will only come back in the ROTH. I had bought it back in May of last year so the rise from $20/share to $80/share is all short term gains... yikes!
I took the NAIL proceeds and sprinkled it around to the other triples which were all on sale today (TECL, TQQQ, SPXL, RETL, etc.). I also bought more CSCO and CURE (the only triple which is still rising, because it is 10% JNJ).
I took the NAIL proceeds and sprinkled it around to the other triples which were all on sale today (TECL, TQQQ, SPXL, RETL, etc.). I also bought more CSCO and CURE (the only triple which is still rising, because it is 10% JNJ).