SPX, gotta love how the 4,358s upside gap filled today. Has to
be making the bears livid at this point. I just sold some of a
leveraged trade at the 4,364s area I put on yesterday when they
gapped it down below 4,300. The best inflation trade you can make
is to buy the SPX on dips, I prefer significant dips so I can hold
a long swing for big gains..just like the recent corona crash
allowed for, another chance this year was the March dip.
The world would have to be ending for the SPX trade to not work
long term when buying the good dips and then money doesn't matter
anyway. The gloom and doom trade has significantly underperformed
long term. The numbers are staggering. And I believe not worth it
because you have to be a pessimist by nature, which doesn't pay
even if it actually did in terms of dollars. I prefer buying low
and selling high in pieces and just having more cash as prices
rise. I like the DVT as you can keep raising stops on long term
money as well. No need to give back huge gains ever.
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SPX, gotta love how the
Posted by fundamentalvalues on 9th of Jul 2021 at 02:21 pm
SPX, gotta love how the 4,358s upside gap filled today. Has to be making the bears livid at this point. I just sold some of a leveraged trade at the 4,364s area I put on yesterday when they gapped it down below 4,300. The best inflation trade you can make is to buy the SPX on dips, I prefer significant dips so I can hold a long swing for big gains..just like the recent corona crash allowed for, another chance this year was the March dip.
The world would have to be ending for the SPX trade to not work long term when buying the good dips and then money doesn't matter anyway. The gloom and doom trade has significantly underperformed long term. The numbers are staggering. And I believe not worth it because you have to be a pessimist by nature, which doesn't pay even if it actually did in terms of dollars. I prefer buying low and selling high in pieces and just having more cash as prices rise. I like the DVT as you can keep raising stops on long term money as well. No need to give back huge gains ever.