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This is my plan too, with some GEAR thrown into the mix.. First...

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HCTraderX

282 Posts.

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22/04/20

20:11

Post #: 44197806
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Originally posted by FraserJC: ↑

Hey mate. Yup, my plan is to ride BBUS for the next few months while the S&P bleeds out. My target exit is around S&P value of 1400 to 1500. Then, when the bottom is reached and the US economy looks like its starting to recover, I will exit BBUS and buy GGUS. I plan to hold that for at least a couple of years, as the recovery will be pretty strong when it finally happens. However, there will be dips along the way. When those occur, I'll keep holding GGUS but will buy BBUS to hedge it until corrections are over, then sell it and let the GGUS keep following the upward trend.

Its impossible to track daily movements with BBUS and GGUS without getting whipsawed in and out. So, I will be using weekly charts to generate hedging signals, which I'm currently devising in trading view's strategy advisor.

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This is my plan too, with some GEAR thrown into the mix.. First time ever to the geared ETFs tho do I am hopeful it pans out for me.

Last edited by HCTraderX: 22/04/20

Value at posting: 2,958.8
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