Quoted By:
The best strategy is to wait for SOXL to unwind back to 20-30 bucks, then buy back in october to ride the presidential bubble for 6 months until the recession hits next september and the market crashes (I will have sold by then). Doing this you can 3-4x your money on SOXL, NVDX, TSLL or just long dated calls if you hate LETFs. This is infinitely smarter than trying to 'trade' the market, with a larger gain potential and less loss potential from panic selling during a bad week.