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IVV ishares s&p 500 etf

0.18%

$348.91

Thanks. I may look at a stoploss instead. It's run hard but...

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edgck

1,798 Posts.

116

09/02/20

09:45

Post #: 42824544
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Originally posted by Charlie'sbucket: ↑

I love IVV, but now is the time to be OUT as other times its right to be IN- i will explain IMO only!!!
Being emotionless and differential, i can only react from history and logic and every GFC predictor is warning caution now even if trading. Why? Well 13 years since the start of the US meltdown. A S&P that after trillions pumped is topping out and trugling now to make a hundred without losing it. Our own all ord is also struggling a bit too but the RBA says? they might start QE (just like the US) soon? So that will pump our market up, add inflation and no real value will be added just a rise in the index and people buying in thinking the rise is from real value meanwhile the inflation destroys our currency eventually.
Ray Dalio the biggest hedge fund US guy 100 Billion, is shorting 1 Billion with an expiry of March so that tells you something and hes the biggest! Buffet wont have a bar of cryptos and i agree. last couple weeks. 14K to 8.5K back to 14K??? No ASSIC regulation there on manipulation!!! So i "believe" bitcoin and all those will crash back to nothing leaving many totally exposed and broke thinking a simple program in the net with no gold backing or anything, can keep rising endlessly in value?? China and other countries making their own cryptos to monitor peoples spending , so what happens to all the pioneers value?
The Aust govt is trying to bring in a 10K cash withdraw limit on the guise thats its to control the black economy but its actually to lock in depositors cash in case we go into Neg rates and need to BAIL IN the banks using customers deposits. The IMF told them the real danger and straight after, they bring in a cash limit?? and tell us its for the bad guys? hmm, WELL, its now buried in committee trying to get to the bottom of the lie as Aust is in serious trouble now with half of Australians swimming in debt not spending and the economy flat lining - even the dumb labourites are realising this and demanding action but Morrison is out of tools. Rates like the world are already near zero and inflation is dead except for house inflation thanks to the Chinese buy up leaving us with worthless houses soon when crash occurs and still the same million dollar mortgage payments as happened in the US with the GFC.
Dalio is talking of a 1929 crash even that was extreme not so much of the SM crash , but the decades to get going again compared to normally a few years on the GFC, 1987 ect takes. So things here and the world and partly the US are dire as the world is in high debt and if China stalls , our only income- mining, will stall and we have no car industry or other main exports as they go to world and the world wont want them or pay for them. Aust with the second highest debt in the world , a slim surplus now wiped from fires, are staring at a massive housing and economy crash and i cant see any way out of this and the Libs dont even want to talk about it now as what can they do? Int rates dropped already and all thats dont is make the housing market go agaon after a massive boom trapping more gullible aussies into overpriced housing that will get wipped out and no one to stop all this. Libs want to keep pumping it up and the markets , so they encourage it, only aware people realise whats coming.
SO... I am shorting it all as theres no where left for the WORLD but down now and i smart enough to be safely out of this WW mess even if 99% keep blundering on thinking the good times never end??

Good luck , but even your God(1300 diff ones??) may not save you! haha

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Thanks. I may look at a stoploss instead. It's run hard but that's from the aud falling versus the usd. I also hold the USD fund since when AUD was 95c

Even some of the gold miners such as ALK and RRL are cheap compared to this.

IVV Price at posting: $348.91 Sentiment: Hold Disclosure: Held
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0 Great analysis

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