I've never liked that name, as it seems rather blasphemous compared to the various October "Black" days when investors were crushed. But today that name seems appropriate as Krypto got up early and gave me a strong buy order from her machine: Buy some European stocks. I will comply via VGK, the Vanguard European Stock Index ETF.
Word of the Day
None - had a plumbing problem here. Is there an immutable law of nature that the likely time for plumbing or electrical problems is a holiday weekend?]
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7 comments:
Just heard a comment about volume on BillionaireVision.
Why does anyone follow that any more? With computerized trading and all the ETFs and their associated market making, most volume is meaningless, representing no real buying or selling: just noise.
Bman what do you think of EUO long here ??
Bman what do you think of EUO long here ??
"think" is not the operative word.
I obey the machine. Period.
Over quite some time in many markets, it seems to find good times to buy or sell.
specifically, the European stocks asset class is over 10% out of balance with its "canonical" allocation in Krypto Fund.
That is a strong buy signal in the model. A weak buy is 5% out of balance. In these markets, I act moslty on strong buys and let weak signals wait.
VGK too slow for me Bman.................do you know of another vehicle with more beta??...........a leveraged etf preferably
lol Bud ... you are asking the wrong person to suggest a phony leveraged derivative BS ETF :)
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