Hi again Vesselin,
Thank you for your opinion. Boy, are you bearish on the future market! I guess one scenario is a long drawn out bear that ends years from now, flat lining with no one even caring. Another possibility is that we go to war with a mid east country soon and this actually helps pull us into a much better recovery. I tend to agree with Zeev's double dip but it's hard to tell just how bad the second dip will be. At any rate, I'm thinking my baby boom generation will pull the market up out of the bear sooner then the flat line possible ending. Yes, I'm an out of place bull trying to play the bear as best I can.
On RYVYX. My thoughts are first just how long before the NDX is again at 4000? Could it take 5 years, maybe 10 or 15? For sure the NDX will again be worth 4000 right? Now, lets say I bought 1000 shares at 8.40 or $8400.00 worth and sold half in a few months at lets say at 25, then my remaining 500 shares are essentially free and I still have some profits left over. Now that 500 shares, several years from now, can be worth $175000.00 with the NDX again at the 4000 level. Not a bad return I'd say.
The other thing I think about is just how low can RYVYX go. Even if the bear market low were NDX 700, RYVYX would not go to zero and may be around 7 per share then. If we hit NDX 700 I'm hoping I can add to that 500 shares to again have 1000. So I'm not real sure there is a lot of risk with the long fund down here. At your age, you may want to consider my above strategy.
I guess my dad was a Navy pilot but I don't remember the base he was stationed at. I did get to see some real good pictures he took while flying over volcanoes though.
Good luck,
Fletch
Thank you for your opinion. Boy, are you bearish on the future market! I guess one scenario is a long drawn out bear that ends years from now, flat lining with no one even caring. Another possibility is that we go to war with a mid east country soon and this actually helps pull us into a much better recovery. I tend to agree with Zeev's double dip but it's hard to tell just how bad the second dip will be. At any rate, I'm thinking my baby boom generation will pull the market up out of the bear sooner then the flat line possible ending. Yes, I'm an out of place bull trying to play the bear as best I can.
On RYVYX. My thoughts are first just how long before the NDX is again at 4000? Could it take 5 years, maybe 10 or 15? For sure the NDX will again be worth 4000 right? Now, lets say I bought 1000 shares at 8.40 or $8400.00 worth and sold half in a few months at lets say at 25, then my remaining 500 shares are essentially free and I still have some profits left over. Now that 500 shares, several years from now, can be worth $175000.00 with the NDX again at the 4000 level. Not a bad return I'd say.
The other thing I think about is just how low can RYVYX go. Even if the bear market low were NDX 700, RYVYX would not go to zero and may be around 7 per share then. If we hit NDX 700 I'm hoping I can add to that 500 shares to again have 1000. So I'm not real sure there is a lot of risk with the long fund down here. At your age, you may want to consider my above strategy.
I guess my dad was a Navy pilot but I don't remember the base he was stationed at. I did get to see some real good pictures he took while flying over volcanoes though.
Good luck,
Fletch
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