#SOXL Plunge
The math says it all: after a 63-point drop, a 20-point rebound only gets you back to around half your original value. Even a 50-point rebound still leaves you down 45 points. You have to survive first before you can talk about making a profit.
The math says it all: after a 63-point drop, a 20-point rebound only gets you back to around half your original value. Even a 50-point rebound still leaves you down 45 points. You have to survive first before you can talk about making a profit.