Issue #113
| Recommendation: For each $25,000 in equity you are trading …
Buy 100 shares of Direxion Daily S&P 500 Bear 3X Shares, symbol SPXS, at the market and place a protective sell order at $29.83, STOP, good till cancelled. Please note, I am recommending that subscribers of my sister service Power Portfolio also purchase shares of SPXS and I will be purchasing shares in my trading account associated with the Power Portfolio. |
Dear Subscriber,
The stock market is in trouble. We are witnessing the beginning of the next leg down, which could be quite dramatic. While there may be a bounce before heading lower, it doesn’t make sense to try and pick a specific entry level based on a bounce.
Therefore, I recommend all subscribers act on the above recommendation asap.
Stay tuned!
Best wishes,
Larry
