BBOZ - BetaShares Australian Equities Strong Bear Hedge Fund

[mullokintyre]

nice .. i wouldn't have had the nerve to hold them for six months in the last two years

well done

Get a proper set of cajones, div.
mick

 

[divs4ever]

the ability to financially recover from a major setback is the issue , a bit difficult to cash up again using the excess of a disability pension ( and some surplus div. income

and after the 2020 debacle i worry governments will pick winners ( their crony mates) again

a younger person with confidence in employment security has better options

 

[bux2000]

I bought some BBOZ yesterday........more as a hedge perhaps.

Someone whom I respect greatly once said, a quick analysis of the world economy can be had by looking at GE and CAT. GE as it gives a snapshot of how the world in general is tracking and CAT to show how the construction, mining and general earthmoving business is tracking. Both charts looking healthy at the moment but working on the theory if it looks too good to be true it usually is.
Time will tell.

All the best

bux

 

[divs4ever]

I bought some BBOZ yesterday........more as a hedge perhaps.

Someone whom I respect greatly once said, a quick analysis of the world economy can be had by looking at GE and CAT. GE as it gives a snapshot of how the world in general is tracking and CAT to show how the construction, mining and general earthmoving business is tracking. Both charts looking healthy at the moment but working on the theory if it looks too good to be true it usually is.
Time will tell.

All the best

bux

yes the trader buddy had a look at BBOZ and BEAR yesterday fairly late , but i don't think entered an order

the US last i looked was own more than 1%

i did well with the reverse index ETFs , buying after September 2019 and offloading in March 2020 but have resisted dipping my toe back in 2020 showed how winners were picked and we ended up with a crazy K-shaped recovery

will they do the same next time or let the businesses survive by their own wits and resources

plenty of swirling tensions to deflate the market at almost any time

good luck

 

[mullokintyre]

I bought some BBOZ yesterday........more as a hedge perhaps.

Someone whom I respect greatly once said, a quick analysis of the world economy can be had by looking at GE and CAT. GE as it gives a snapshot of how the world in general is tracking and CAT to show how the construction, mining and general earthmoving business is tracking. Both charts looking healthy at the moment but working on the theory if it looks too good to be true it usually is.
Time will tell.

All the best

bux

Hit a 52 week low yesterday, I hope it goes even lower on the fake higher for longer news in the US.
I have some low ball bids in that are getting closer.
Mick

 

[peter2]

Can't get much lower than 3.00? A consolidation looks imminent.

 

[Smurf1976]

Can't get much lower than 3.00? A consolidation looks imminent.

Just thinking out loud but the market close for the year on 31 December plausibly ends up as a turning point?

We're near all time highs, we're almost at the end of the year, and it wouldn't be the first time 31 December had some significance.

Just a thought.

 

[eskys]

Market DepthLaunch in a new window
Market Detail

Buyers
Quantity	Price

Sellers
Price	Quantity

54Buyers
242,525Shares
101Sellers
1,083,459


The above in nabtrade this morning

 

[peter2]

The market depth on ETFs is meaningless as it's fabricated by the ETF admins. They'll set it up in such a way to tempt retail traders to trade into their book.

 

[divs4ever]

Just thinking out loud but the market close for the year on 31 December plausibly ends up as a turning point?

We're near all time highs, we're almost at the end of the year, and it wouldn't be the first time 31 December had some significance.

Just a thought.

i considered it ( as did a trader buddy earlier this week )

but post 2020 i am worried about governments picking winners ( as highlighted in the US markets )

so the index rises on only a few stocks ( while the majority struggle )

 

[eskys]

The market depth on ETFs is meaningless as it's fabricated by the ETF admins. They'll set it up in such a way to tempt retail traders to trade into their book.

I didn't want to spell it out; simply thought it was no good

 

[eskys]

i considered it ( as did a trader buddy earlier this week )

but post 2020 i am worried about governments picking winners ( as highlighted in the US markets )

so the index rises on only a few stocks ( while the majority struggle )

Looks like hard work, where does the market want to go? Wish I know.

 

[divs4ever]

Looks like hard work, where does the market want to go? Wish I know.

well i try to aim for where the money ( company profits ) is good ( and some potential growth )

this has helped me find some nice gems during the holiday season in previous years , not many buyers and sometimes folks NEED to sell some stocks

but currently are we looking at greed or hope ??

 

[eskys]

Both divs, greed and hope all rolled into one. Some will get it right, and some will get it wrong. Those who get it right about BBOZ will profit and vice versa...nevertheless, Merry Christmas, everyone!

 

[divs4ever]

Both divs, greed and hope all rolled into one. Some will get it right, and some will get it wrong. Those who get it right about BBOZ will profit and vice versa...nevertheless, Merry Christmas, everyone!

stay safe everyone

( not too much plum pudding )

 

[Captain_Chaza]

The Problem with Australian ETF's is that there is very little VOLUME
And sometimes when there is Volume it is only a "Market Maker " Buying or Selling to Himself, Herself and all other selfs

ei: THERE IS NO REAL MARKET It is just Smoke and Mirrors to catch the Unsuspecting

Sounds like it should be ILLEGAL but it is not --At the Moment
Go FIGURE!
I don't go a Sailing with CHEATS
DYOR

Salute and Gods' speed

 

[IvoryWolf]

The Problem with Australian ETF's is that there is very little VOLUME
And sometimes when there is Volume it is only a "Market Maker " Buying or Selling to Himself, Herself and all other selfs

ei: THERE IS NO REAL MARKET It is just Smoke and Mirrors to catch the Unsuspecting

Sounds like it should be ILLEGAL but it is not --At the Moment
Go FIGURE!
I don't go a Sailing with CHEATS
DYOR

Salute and Gods' speed
View attachment 167678

Couldn't agree more @Captain_Chaza - if anyone wants to trade ETF's, head to the US markets. Much more liquidity, and much more choice. And you can trade options around many of them too for additional flexibility.

 

[qldfrog]

Couldn't agree more @Captain_Chaza - if anyone wants to trade ETF's, head to the US markets. Much more liquidity, and much more choice. And you can trade options around many of them too for additional flexibility.

In the last year or so, the number of ETF has exploded on the ASX.
not sure about liquidity on these new entrants and usually one available per domain , not much more.
The US market is heaven for etfs and when I used to trade macro economics ideas a bit, that was my goto , plus as you pointed, the ability to play bull bear on these ETF with options

 

[qldfrog]

With limited amount to play, I still decided to buy $2k of bboz today...will get rid of these in 4 months if not earlier

 

[divs4ever]

With limited amount to play, I still decided to buy $2k of bboz today...will get rid of these in 4 months if not earlier

short term holds ( months not years ) seem to be best , although maybe BEAR could be something for a little longer ( but probably not years either )

good luck

i think this is a totally screwy market , you never know what definition or rule they will change next ( or just ignore )

it is no longer a pretend level playing field it is more like trying to walk on top of quicksand without a rope