DO NOT USE LEVERAGED ETF's FOR A BUY-and-HOLD STRATEGY!
On to Alpha Global Investors:
Shanghai SSE Comp Index weekly chart ;1) Higher lows (versus low of 2009)2) Key levels (see blue circles)3) Recent break below that blue circle = Probable fake move !4) Focus on those light green arrows , buy the break outs, pyramid up only !
He headlined the post "Buy China and go away" not me. I'm climbing a binomial tree with stops so tight they squeak.