61.8% retrace area held on the pullback that Steve pointed out
in the newsletter. I reduced my hedges there in case we whipsaw
higher now. My preferred longs as quality spacs here as they have
built in downside protection. Amazed that I'm able to buy so many
quality businesses at these prices. A rare opportunity. I picked up
$FRX shares this morning near the lows, it is Beachbody,
combined with a small Cap Peleton bike company. Shaquille O'Neal
and MLK III are involved and the valuation is very reasonable here.
Long term hold for me. Huge potential. It ran to $18 recently on
deal news, so to be able to buy it in the $11s is amazing. New
influencers are Arnold S. himself among others. Accumulate
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61.8% retrace area held on
SPX 5 min
Posted by fundamentalvalues on 3rd of Mar 2021 at 10:41 am
61.8% retrace area held on the pullback that Steve pointed out in the newsletter. I reduced my hedges there in case we whipsaw higher now. My preferred longs as quality spacs here as they have built in downside protection. Amazed that I'm able to buy so many quality businesses at these prices. A rare opportunity. I picked up $FRX shares this morning near the lows, it is Beachbody, combined with a small Cap Peleton bike company. Shaquille O'Neal and MLK III are involved and the valuation is very reasonable here. Long term hold for me. Huge potential. It ran to $18 recently on deal news, so to be able to buy it in the $11s is amazing. New influencers are Arnold S. himself among others. Accumulate