Post #3967 by rayvt on the Mechanical Investing board

Investment Strategies / Mechanical Investing

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One of the people I read focusses on Closed End Funds and some income-specific ETFs, and also sometimes market anomalies when he sees one.

Back in April during that abrupt downturn he suggested SSO, the 2X S&P500 ETF. I had some spare cash and bought some. A few days before the bottom. It is currently up +36%.
The 5 year chart is .. interesting.

As a friend liked to say "It's a good life if you don't weaken."

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