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Thursday, October 10, 2013
This was easy money to make
As I predicted, the market did roar back: Dow Jones jumped more than 300 points and S&P500 shot up 36 points, both up over 2% today. This is a magnitude of daily increase not seen this year for the markets, a textbook of violent rally. If you did use the opportunity of yesterday's fall to get in the long position with SSO as I recommended, you would have made some quick money, 20%, 30% or even higher within a day, depending on the level you got in. How easy the money one could make, isn't?
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