Australian (ASX) Stock Market Forum

BBOZ - BetaShares Australian Equities Strong Bear Hedge Fund

Joined
24 July 2021
Posts
52
Reactions
158
not yet ( for me )

much closer to March ( say late February , or even the first week of March )

some big decisions still to be made ( in Australia and Globally ) like will the Fed back off from the taper , but several others

good luck
Most likely what happens to the inflation story and how the Fed responds to it with rate hikes or a policy mistake. If the rate hikes are to steep it may lead to a crash. Market might crater up to 50%, deep enough to profit from holding BBOZ and BBUS.
 
Joined
20 July 2021
Posts
8,515
Reactions
11,730
well these Central Banks have been kicking the can so well Ronaldo must be green with envy

MAYBE they have a few fancy shuffles left ( and MAYBE they can only jaw-bone )
 

Sean K

on permanent holidays
Joined
21 April 2006
Posts
20,873
Reactions
8,601
I was getting all ready for this to break up before Xmas...

Screen Shot 2022-01-05 at 2.57.15 pm.png
 

Sean K

on permanent holidays
Joined
21 April 2006
Posts
20,873
Reactions
8,601
The donkey is finding some life.

Breaking that resistance probably equates to breaking down through 7450 ish on the XAO.

Screen Shot 2022-01-21 at 3.29.37 pm.png
 

JohnDe

Property, ASX, US stock market investor
Joined
11 March 2020
Posts
3,031
Reactions
3,826
I can't stand the donkey BBOZ.
Just got bored today and didn't really want to buy much else and earning a quid or two is better than the banks having my cash.

Nice return of about $0.34 over the past 5 days. I'm surprised that it jumped only 4.7% today after the blood bath, though trading day is not over yet.
 

Sean K

on permanent holidays
Joined
21 April 2006
Posts
20,873
Reactions
8,601
I am truly hoping that my purchase of this is short lived. Sort of. I'm still way on the sidelines waiting for a fire sale. Topped up on a couple of quality long term assets on this weakness, but still concerned about 2022.

Screen Shot 2022-01-27 at 10.54.07 am.png
 

Sean K

on permanent holidays
Joined
21 April 2006
Posts
20,873
Reactions
8,601
I am truly hoping that my purchase of this is short lived. Sort of. I'm still way on the sidelines waiting for a fire sale. Topped up on a couple of quality long term assets on this weakness, but still concerned about 2022.

View attachment 136615

YIKES! The VIX must be peaking. I really want to have to sell this, but unfortunately I might have to buy more.

Screen Shot 2022-01-27 at 12.13.55 pm.png
 

Ann

Joined
24 December 2005
Posts
2,601
Reactions
2,064
Same applies to a lot of non-financial market things too, even in nature.

Eg the top of the rain cycle gives way to drought in a very gradual manner. Rain tapers off, the ground starts to dry out, it's months after the peak before anyone's talking about a drought.

At the other end however, well it's factually correct that the end of a dry period isn't always but often is followed by a flood the occurrence of which is extremely obvious and immediately changes the situation drastically.

Bottoms are an event, tops are a process. That occurs not just in markets but also many completely unrelated things.

As a passenger, it's much easier to know that the plane has landed (bottom) than to know that you've reached the highest altitude you'll reach on that flight (top). :2twocents


I think there are some tops that can be picked. When I see a long term falling trendline (NHC) or have calculated a swing trade outcome (SMR) or if a stock or index stalls at an all-time high and tries three times to overcome it, I see that as a three-time loser such as the All Ords at the moment. Am I always right? Certainly not! I am right often enough to give me confidence to trade using these indicators.

As our resident wiseman Smurf said, "the top of the rain cycle gives way to drought in a very gradual manner." I am now slowly liquidating all my holdings as I feel we are at the top and now will expect a slow unwinding of the markets until...again quoting Smurf..."At the other end however, well it's factually correct that the end of a dry period isn't always but often is followed by a flood the occurrence of which is extremely obvious and immediately changes the situation drastically."

I am now preparing for the flood, looking at these sorts of funds, taking into account the wisdoms and experience this thread offers.

I can read a falling chart as much as a rising one but I thought this was interesting. The S&P/ASX 200 Inverse Daily ($XIN) tracks the inverse return (whether positive or negative) of the S&P/ASX 200's daily returns by taking a short position in the index.

$XIN 12.5.22.png



The real problem with well people is that through our own bias we find the information we want to hear or read to validate our position.
At the end of the day the market does not have any opinions.
So true bsnews. This is also very true when reading a chart as well. That is why I really enjoy reading a chart where I have no interest or bias in an outcome.
 
Joined
20 December 2021
Posts
1,095
Reactions
2,123
BBOZ is a useful tool to gauge the direction of the market. Regardless of what the SPI indicates, checking BBOZ's indicative price each morning sets my plan to trade for the day.

BBOZ premarket was up 9 cents, spi was down 31 if I remember right.... get out of what I bought yesterday and start again, I thought, and did.......not something useful for everyone ..........nitty gritty bits of trading......of course, it's early hours .. only lunch time and anything can happen in the afternoon
 

Sean K

on permanent holidays
Joined
21 April 2006
Posts
20,873
Reactions
8,601
A bit of a break up here. Maybe BBOZ finally has it's day in the sun.

Screen Shot 2022-06-14 at 10.34.32 am.png
 
Joined
8 June 2008
Posts
11,130
Reactions
15,323
BBOZ my call for this month competition, we need to see a collapse panic before the feds give up and start pumping again.This month might be the one, few stock would rise, even gold but for inverse ones..such as BBOZ.EVN after being massacred was taken so this is my second choice in the competition.
Let's see..
 
Top