SP500 0.58% 2,958.8 standard & poor's 500

BBUS, page-834

  1. 766 Posts.
    lightbulb Created with Sketch. 61
    Completely agree, my balls just got way to cold today after seeing how absolutely stupid this market is and I cashed out for a loss, but, I couldn’t cash out when I wanted to as nab trade was stuffed so I rang nab they saw the error and have opened an investigation, they were aware of it as well and said would refund the difference from the point I tried to sell which they could see so not a big loss thankfully.

    As for your graph table how bbus actually tracks I still don’t full understand one thing I can say for certain however with my time spent in and out of bbus is the investment vs return just isn’t there for me, the risk reward just doesn’t add up. Like last Friday the futures dropped to 2420 or something stupid (another poster on here noticed it as well) yet bbus price went up a single cent before rolling back a cent and at the end of the day (I had 20k in it) I was up a measly few hundred, just not worth the risk the financial reward is not there for the risk you take with your cash and the amount you need invested to see a decent return is currently to much unless of course you got in at 2$ then that’s a bet I could live with for longer but not 4+$, for me not worth it.

    Look at bboz it swings to the dollar amounts, 20,30 cents amounts and worse case 10-12 cents much higher risk to reward return compared to bbus which tracks the largest market in the world mind you.

    Again I’m the first to admit I don’t fully understand bbus and how it tracks all the underlying numbers etc but again risk vs reward honestly sux, I think only once in the last few weeks did it hit $5 SP even with all the crappy swings buying in at over 4$ is to risky for me.

    Anyway I don’t know shit after today nothing makes sense anymore and yet here we are at 8pm and the futures are still flying? Lmao, you live and you learn I guess.

    I’ll bitch out and buy back in though because I’m a glutton for punishment and still bearish as they come thing is I definitely at least for now don’t see myself buying back in this week with easter and markets closed any damn thing can happen over the break so taking a punt on the weekend races seems to be a safer bet.
    Last edited by A57RO: 06/04/20
 
watchlist Created with Sketch. Add SP500 (INDEXSP) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.