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SSKILLZ1

01/14/21 10:33 AM

#82656 RE: researcher59 #82651

Well I will say this, there isn't anything to buy. At least very little for me that I would even consider given the runs everything has. Granted My 85% cash is not exactly helping me right now. But this is not healthy, I mean the 2000 Index is up 40% in two and 1/2 months, this is and index, not and individual stock. 40% in two and half months. The froth all over is absurd, when will it end, who knows, but until I see some better prices I won't be doing too much buying maybe there is a stock or two I would consider if it comes in a bit, but that is about it at this point. All is just my opinion, and I could always be wrong though.
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wadegarret

01/14/21 10:37 AM

#82658 RE: researcher59 #82651

R59, I have posted consistently on the dangers

of this market, and how negative I've been since 2018. I was almost entirely short in the second half of 2018, all of 2019, and till April 2020. I have taken a shot with some long positions along the way. Not that I've changed my mind. Just that I change my mind a lot about how long to stay in the pyramid with any long positions. However I will admit, I can't time the market, so therefore I'm playing with a small amount of my long term gains, and in and out.

Overall though in 2018, 2019, & 2020, I still managed on my stock portfolio to average around 50%/year ! To be exact, I made 13% in 2018, lost 7% in 2019, and made 146% in 2020. The huge numbers in 2020 was helped by my 100% short position in March, and the huge % gains on BGFV, PEIX, TOMZ, and SUP. Overall though, I have lost on SOXS.