Loading ...My Stockmarket Hopes
Like Sir Rambus, I’m a bull on the stock markets. I just believe we have to still see the major patterns form. Still think there will be one more major pullback for them all. The Dow and Nasdaq I believe will hit their 200dma before we resume up.
I am trading 2x mutual funds in my 401k to play these and they only sell and buy end of day. It stinks. I said I was going to sell my Dow shorts which I bought at 25,000ish and buy Nasdaq shorts but I chickened out when we went up a ton that day on the Nasdaq. Still short the Dow though. Waiting for the buy opportunity.
I’d like to see some of the action I show on the charts below.
Good luck all!
Nice symmetrical charts Chuck
Now we need mr market to follow the rules
🙂
Mutual funds should be outlawed, and 401k managers should be shot for not offering ETF options.
Mutual funds are as archaic as the trading regimes (phone calls, brokers, high fees) from the 1960s and 1970s.
I agree. I can actually do ETF’s which trade instantaneously in my 401k but there’s no leveraged etf’s in my 401k.
There are 2x bull and bear mutual funds though, and anyone that knows me knows I like the leverage 🙂