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Discussion in 'Trade Journals' started by TomB16, Aug 5, 2020.
Alright, you've convinced me. I'm going all-in your next trade prediction!
If I was a gambling man, I would buy SPY, right now.
But, I'm no gambler. I'm an investor so I will sit tight.
I don't know why I wrote SPY and talked about shorting the S&P 500. I also pulled a quote out of my database for SPY.
I meant Pro Shares short S&P 500 (SH).
SH started the year at 13.57. It is now 13.91. So, no appreciable change.
I still expect an S&P 500 short position to be beneficial over the next couple of months. I still have no interest in shorting the S&P 500.
SH is now at 14.89.
Between the American coup attempt and the pending invasion of Ukraine, I may purchase a chunk of SH today.