jsd501 6:53 am on Friday, May 6, 2022

TQQQ,

The question that I have is how low can this triple ETF go? We are only at the beginning of the bear market.

Option Iceman 8:43 am on Friday, May 6, 2022

The Covid low in March 2020 was around 10 bucks.

I continue selling Bear Call spreads each week.
fuzzballl 11:46 am on Friday, May 6, 2022

Same as last time we talked about this. Here’s what I’m watching for now…copy and paste.

At the risk of public math and based on the Covid comparison:

Covid: 29.70 down to 8.07 = 73% drop
Now 91.68 down to 24.75 = 73% drop

I guess the big questions are:

Is Covid the Putin of viruses or is Putin the Covid of dictators?
- jsd501 12:48 pm on Friday, May 6, 2022
  
  I was looking at the NDX and it peaked at 4816 on 3/31/2000, the low was 10/31/2002 at 795 which is a decline of 83.4%. it did not make a new high until January 2017. I think the TQQQ could go lower than the 8.07 of march 2020.