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Strategies & Market Trends : Young and Older Folk Portfolio

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To: jritz0 who wrote (5780)6/29/2024 11:05:50 PM
From: chowder  Read Replies (2) of 21937
 
I can't answer that question today. I have to know what the condition of the market is. I'm not going to be in a hurry to dump SSO. I don't fear it as much as others do. If I lose, I lose, but when I look at long term performance, the market always heads higher and that means SSO must head higher and head higher than SPY.

I'm also backing this play up with SPMO, an S&P 500 momentum fund. So we'll see how it plays out. I'll report the results as we go along. I'll update the Young Folk Portfolio, maybe tomorrow, so people can have a baseline to judge forward performance.
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