BBUS, page-65

Hi Pete, I believe you are missing the power of cumulative gains. Here is a very simple example, based on 5% daily losses for the S&P500. With BBUS returning 2x on average. However I feel you could expect 2.5x or more in a massive sell off as buyers rush in to BBUS. Target of S&P500 at 1000 makes BBUS $30+. Cheers. Good luck all.

				2.5x			2x
	S&P 500	Decline	Closing	BBUS	Increase	Closing	BBUS	Increase	Closing
Day 1	2,665.00	5%	2,531.75	5.04	12.5%	5.67	5.04	10.0%	5.54
Day 2	2,531.75	5%	2,405.16	5.67	12.5%	6.38	5.54	10.0%	6.10
Day 3	2,405.16	5%	2,284.90	6.38	12.5%	7.18	6.10	10.0%	6.71
Day 4	2,284.90	5%	2,170.66	7.18	12.5%	8.07	6.71	10.0%	7.38
Day 5	2,170.66	5%	2,062.13	8.07	12.5%	9.08	7.38	10.0%	8.12
Day 6	2,062.13	5%	1,959.02	9.08	12.5%	10.22	8.12	10.0%	8.93
Day 7	1,959.02	5%	1,861.07	10.22	12.5%	11.49	8.93	10.0%	9.82
Day 8	1,861.07	5%	1,768.02	11.49	12.5%	12.93	9.82	10.0%	10.80
Day 9	1,768.02	5%	1,679.61	12.93	12.5%	14.55	10.80	10.0%	11.88
Day 10	1,679.61	5%	1,595.63	14.55	12.5%	16.37	11.88	10.0%	13.07
Day 11	1,595.63	5%	1,515.85	16.37	12.5%	18.41	13.07	10.0%	14.38
Day 12	1,515.85	5%	1,440.06	18.41	12.5%	20.71	14.38	10.0%	15.82
Day 13	1,440.06	5%	1,368.06	20.71	12.5%	23.30	15.82	10.0%	17.40
Day 14	1,368.06	5%	1,299.65	23.30	12.5%	26.22	17.40	10.0%	19.14
Day 15	1,299.65	5%	1,234.67	26.22	12.5%	29.49	19.14	10.0%	21.05
Day 16	1,234.67	5%	1,172.94	29.49	12.5%	33.18	21.05	10.0%	23.16
Day 17	1,172.94	5%	1,114.29	33.18	12.5%	37.33	23.16	10.0%	25.47
Day 18	1,114.29	5%	1,058.58	37.33	12.5%	41.99	25.47	10.0%	28.02
Day 19	1,058.58	5%	1,005.65	41.99	12.5%	47.24	28.02	10.0%	30.82