Labu

[Magic-8-Ball]

I was just trying to muse where LABU could be heading come Monday. I was thinking that if it held above the 50% re-tracement level (~$37.00), that it would signal the possibility of a higher high to come. Given that it looks like it will close below this...would that not indicate it may head lower next week come monday? hehe kind of wish I sold at $39+ this morning!

[RealJimmyJames]

Is technical analysis really valid for a leveraged ETF?

[Kloubek]

You may want to check out the short term investment thread. Lots of people happy to contribute in there, and this post might gain more exposure.

LABU is a common topic in there.