SPX I'm continuing to hold

    Posted by fundamentalvalues on 26th of Sep 2022 at 05:38 pm

    SPX I'm continuing to hold my 2 entries on SPXL (3x etf). Last one was near the close Friday. 

    No changes to my long term account allocations. My last sells were at the highs last year, then 4,600s, and most recently 4,300s. Will be looking to replace that inventory with some "wow I can't believe it tested the 9 year moving average" or something in that neighborhood prices, maybe 3,200-3,400s. Guess we will see. 

    My eyes perked up seeing the QE 3.2 interested in a position entry, though I know it can take multiple entries, so I'll wait for now since I have trading inventory already on otherwise. 

    In other news, I'll be building a T bill ladder soon and may post on that when I do. No limits for purchasing those up to $5 million. I'll be working in the thousands to start out and build. Take advantage of what the conditions are.

    Fundamentalvalues, thanks for your generous

    Posted by mdgfain on 27th of Sep 2022 at 09:28 am

    Fundamentalvalues, thanks for your generous sharing of your views and approach as we go along. 

    Thanks would love to see

    Posted by brophy on 27th of Sep 2022 at 08:32 am

    Thanks would love to see that ladder when you build it. With Treas and CDs paying 4s and 3s, personally, I can't see a reason to deal with the stress of stocks in a bear market.

    Really appreciate what you are

    Posted by imelhoe on 26th of Sep 2022 at 08:09 pm

    Really appreciate what you are sharing with us.  I've been looking at TBills too as I am in retirement, andtrading my own portfolio.   hubby will be retiring too next yr but we are too your for medicare.

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