BBUS - BetaShares U.S. Equities Strong Bear Hedge Fund

[Garpal Gumnut]

I've never shorted before but having an etf do it for me is certainly attractive. This is a 3 year monthly chart. From what @mullokintyre hints I believe he may be in it.

A 6.86% gain on Friday is not to be sneezed at for BBUS. I certainly won't be buying any traditional stocks.

gg

 

[Sean K]

I've never shorted before but having an etf do it for me is certainly attractive. This is a 3 year monthly chart. From what @mullokintyre hints I believe he may be in it.

A 6.86% gain on Friday is not to be sneezed at for BBUS. I certainly won't be buying any traditional stocks.

View attachment 196937

gg

I've bought and sold this a few times but always lost on the bet. I had a finger on the trigger on Friday and froze because I just don't like buying anything on a Friday. Probably would have been lucrative to bet on this or BBOZ but who is to know? It's mad out there.

 

[Dona Ferentes]

It's mad out there.

and markets aren't even open. !!

so the pundits have their time to capture the eyeballs. Real time, tomorrow will be interesting

 

[peter2]

I've reached the same opinion. It's too late to buy the inverse ETFs now. Should have been done last week and even earlier. (Onya MIck).
I can't find any individual stocks to buy as the downside risks are unknown. If would be different if I was a long term investor but I'm not.
Like Sean I've bought BBOZ and BBUS a few times and have lost each time too. Buying too late is certainly a fault.
Yes, It's mad out there.

Note: It would be much easier to trade these inverse ETFs if they were available 23/5. IE. tradable most of the day. Then we could take advantage of the changing market sentiment overnight Aussie time.

 

[divs4ever]

I've never shorted before but having an etf do it for me is certainly attractive. This is a 3 year monthly chart. From what @mullokintyre hints I believe he may be in it.

A 6.86% gain on Friday is not to be sneezed at for BBUS. I certainly won't be buying any traditional stocks.

View attachment 196937

gg

just remember you are holding a 'hot potato ' be ready to exit quickly ( or as i did when in sufficient profit , the first time)

i went back for a second ride in very late March 2020 bought a small parcel and held on for too long ( thinking a second big leg down ) and wiped out 85% of that capital

the first ride was great , the second ride not so great , my bad , but learn from my error and just be careful , please ,

 

[divs4ever]

I've reached the same opinion. It's too late to buy the inverse ETFs now. Should have been done last week and even earlier. (Onya MIck).
I can't find any individual stocks to buy as the downside risks are unknown. If would be different if I was a long term investor but I'm not.
Like Sean I've bought BBOZ and BBUS a few times and have lost each time too. Buying too late is certainly a fault.
Yes, It's mad out there.

Note: It would be much easier to trade these inverse ETFs if they were available 23/5. IE. tradable most of the day. Then we could take advantage of the changing market sentiment overnight Aussie time.

the time to buy this was around the recent record highs ,( but hind-sight always makes the strategy look easy ) a little too early is not so bad if you buy in manageable parcels ( you can add more cheaper ) , but then i really love selling into rallies ( rather after the top has peaked )

when buying in a downtrend look for stocks that will survive a full-on crash , either because they are a great well-run company OR the Government will bail them out because the government depends on them ( say like TLS )

the second option might suit you better

 

[mullokintyre]

BBUS hit a 52 week low today.
It is m signal to buy in.
US market grossly overvalued IMHO, so untold riches here I come.
mick

plan to offload the BBUS if I can 6.40
probably won't get untold riches as hoped for, but it will be a decent profit.
Like others have said, I got caught out last time holding too long.
Mick

 

[rolly1]

plan to offload the BBUS if I can 6.40
probably won't get untold riches as hoped for, but it will be a decent profit.
Like others have said, I got caught out last time holding too long.
Mick

US futures opened down 4% this morning

 

[Sean K]

plan to offload the BBUS if I can 6.40
probably won't get untold riches as hoped for, but it will be a decent profit.
Like others have said, I got caught out last time holding too long.
Mick

Looks like it's going to open at about 6 bucks, so on its way.

 

[mullokintyre]

Got 6.50 on the open.
Happy with that .
Mick

 

[mullokintyre]

Got 6.50 on the open.
Happy with that .
Mick

Bought my BBUS back agaim, its down 15% on my sell price.
US indeces are more likely to go down by lot rather than go up by a lot.
Mick

 

[mullokintyre]

Out at 6.40.
have now recovered the losses from my original foray into BBUS..
Mick

 

[peter2]

Nicely timed.

 

[mullokintyre]

Yea, big drop today.
Bought them back again.
Still think the US market is more likely to go down than up.
Mick

 

[mullokintyre]

Yea, big drop today.
Bought them back again.
Still think the US market is more likely to go down than up.
Mick

Paid 4.82.
Mick

 

[mullokintyre]

Below is a zn X post that correlates with my own thinking, and why I bought back in.
Mick

 

[eskys]

All 4 indices are red premarket, see investing.com

 

[qldfrog]

Paid 4.82.
Mick

joined you a bit later so at 4.96 but hey

 

[Sean K]

Below is a zn X post that correlates with my own thinking, and why I bought back in.
Mick
View attachment 197241

Yay, I didn't miss the bottom.

 

[Garpal Gumnut]

I'm a virgin.

How long does one hold on to this bad boy @mullokintyre ?

gg