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

I have been in this trade to varying degrees over the last 2...

  1. 175 Posts.
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    I have been in this trade to varying degrees over the last 2 years. I thought Dec 18 was it, but they saved it with the fed u-turn. Luckily (or prudently) I doubled my BBUS holdings in Feb 2020 at the lows to bring my average down. Its been a long long wait, it was sending me crazy! For a moment there I was starting to feel a bit like Michael Burry (big short)...I felt my thesis was right, except the world just didnt know it yet. It now seems that the world has woken up. Is the fed out of ammo??? thats the big question. Recent market moves make me feel that anything the fed do will be ineffective, but who knows.
    Surely they have kicked the can so much that it no longer rolls!!

    If this is the "big one" that I expect, hopefully the history books note that it was not the virus that was the cause, the virus was just the pin that popped the biggest bubble in history.

    Good luck all
    https://hotcopper.com.au/data/attachments/2038/2038429-7623a8ad419c7142fd8fd051fa8be588.jpg
 
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