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Despite the looming Government shutdown, I'm betting on U.S. equities bouncing 2 to 3% next week. I'm willing to risk it using the ProShares Ultra S&P500 (ETF) (SSO) for a decent size 20% of assets stake.
Traders and friends you should know this play. The SSO is 2X the S&P 500. I believe stocks will either trade sideways or move up next week. I wanted to establish this position before the weekend. I picked up at least $40K worth today. Next week will test my thesis on slightly bullish activity.
Enjoy the weekend and the fanfare of the U.S. Government behaving worse then the Juggalos at an Insane Clown Posse show.