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

BBUS, page-5125

  1. 2,709 Posts.
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    It's fair to say it's a V shaped recovery. The reasons for this are clear and well known. All the experts using TA & historic examples as templates have gotten it wrong. And the market has had it way and punished those how have gone short and those who have waited and lost opportunities.

    My sense is the market will need to get to or exceed ATH if it is going to be a successful and key part of the Trump's campaign platform.

    As part of my old strategy, I have held a modest percentage of BBUS waiting for the market to go down before going long during the would be capitulation phase (what capitulation?). The losses on BBUS will come in handy at tax time at least. However, it's the lost opportunities/potential profits that hurt.

    Thankfully, I have started going long and have done well in the past few weeks. I'm still majority cash and will still hold BBUS as a hedge. That said, my strategy needs to be adjusted. The main concern is how you best navigate your exposure in what is a rising but still shaky market?

    Would be interested to hear other bears' strategies and contrarian strategies.



    Last edited by Bert333: 06/06/20
 
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