Re: been doing some more research, and uncovered this gem of a mutual fund which ...
Gotta love the name "LJM Preservation and Growth ". It seems the only "preservation" they will be doing is Capital losses. More appropriately they should add "Inverse" before the name.
"Buy Fear and Sell Euphoria" "Price is the Ultimate EQUALIZER""Being right too soon is another way of being wrong"
Reply to luvb2b - Msg #2718745 - 02/06/2018 22:40
been doing some more research, and uncovered this gem of a mutual fund which was selling volatility. http://www.morningstar.com/funds/XNAS/LJMIX/quote.html
it "only" lost 56% today. NAV $ 4.33 1-Day Total Return -55.91 % USD | NAV as of 05 Feb 2018 | 1-Day Return as of 05 Feb 2018
the volatility sellers are wounded but not dead. i expect the market will stabilize over coming days, weeks, or months, but that there is another high(er) volatility event in front of us that can take these bozos out in body bags.
Re: there was a panic by hedge funds and etf's to cover volatility today, which m...
|
|
|
|