Stocks for the Rest of Us
Posts tagged SSO
Ridiculously Oversold Market Could Produce a Bounce… Long SSO
Oct 8th
I took a long position in SSO today. The market is riduculously oversold here and I expect a bounce of at least a few percent. Don’t get me wrong, we’re not in the clear. When volatility is out of control the best thing to do is keep the trades small and losses contained. I’ve got a stop set at 33 just in case.