Wednesday, June 13, 2007

Why my method will work

Since the market dipped below the 1505 threshold that I marked in a post last month, I've been transferring gradually to the 2x leveraged funds, with one purchase made per day. Today I'm starting to see how this strategy will pay off, as the S&P 500 gained 1.5% and the 2x funds gained about 3% on average.

There is no guarantee that this correction is over, and it may not have reached bottom yet, but my portfolio will have made a substantial gain by the time the market recovers.

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