BBOZ - BetaShares Australian Equities Strong Bear Hedge Fund

[peter2]

Considered BBOZ for the Sept comp but then I sobered up. While I understand the attractiveness of these inverse ETFs I can't help but feel "unclean" when considering a short term position. My skin crawls thinking about it.

This could be that I'm bullish on the market most of the time. Even when bearish I'll just wait it out or short an index rather than consider a BBOZ trade.

Note: I do hold a BBUS position but I'm more bearish on the US than the ASX. Like gardening, I'm resigned to getting dirty holding this inverse ETF.

 

[divs4ever]

sometimes you need to get down in the weeds

but yes given the widespread unrest ( and upcoming elections in some places )

you have to wonder when there will be more QE , or stimulus , debt forgiveness , subsidies ( etc etc , ie more excuses to flood the market with cash )

will they do it , why not ??
sticking a band-aid on an amputated leg is the treatment they know best

i hold a few BBUS ( still deep under-water ) am more likely to wait for under 6000 ( for the XJO and start nibbling at GEAR this time ( in the dips )

 

[divs4ever]

bought ( back ) into BBOZ a few minutes back

it is currently at a 12 month low of $3.28 ( which was my buying price )

take care

getting these reverse index ETFs wrong can hurt ( a fair bit )

 

[divs4ever]

according to Commsec ( charts ) $3.28 is an all-time low

 

[mullokintyre]

I have added BBOZ to the portfolio today.
I can see some bearish times heading our way.
mick

 

[arco]

Yes agree.
I also picked up some BBOZ a few days ago.