Value Microcaps Motherboard

[lentinman]

JUST IN CASE YOU ARE TOO BEARISH FOR PSL10

The goal of PSL10 is to WIN. For any investor, you have to be able to navigate good AND bad times. I'll continue to comment below, but from the rules in the IBOX...

17) You are only allowed up to two short positions.

SHORT POSITIONS: A short position must take the form of any ETF. Shown below are four double-beta shorts against the corresponding index...
--- QID: Nasdaq 100
--- SDS: S&P 500
--- MZZ: S&P MidCap 400
--- DXD: Dow Jones Industrial Average
and one single beta short.
--- DOG: Dow Jones Industrial Average

You are also allowed one cash position.

So, say you have 3 longs, 2 double beta shorts (equivalent to 4 shorts) and cash. That gives you (equivalent to) 4 short, 3 long and 1 neutral. You are (essentially) short the contest. I can tell you that nobody so far, despite many of us being negative on the markets, has ever been anywhere near "short" for a contest even though it is an option. So, if you do, you are not only positioning yourself for finishing very high IF the markets continue to tank, but you are also carving out a unique place in PSL history.

Also, surely one can speculate on the 3 long positions to be stocks that benefit from hard times. For example companies that specialize in bankruptcy or companies that own pawn shops, etc.

I hate to see anyone not participate because the markets suck. There is a way to play anything as long as you want to play. And, keep in mind... we are all in the same boat.

Len