Interesting article on ZH today. "Mind your Ts and Qs" Has a graph [dailly]of the open interest in TQQQ[ leveraged bullish QQQ ETF] against the actual price of QQQ. So this is retail after a big bang for the buck in TQQQ. As soon as QQQ starts falling they rush in to buy TQQQ [Too early dip buying] and then they sweat and then I guess they close out on the rebound at breakeven, glad to get out. This is a very dangerous trade as decay in leveraged ETFs is massive. What if they don't get a bounce for a while?????>???
