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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Mechanical Investing
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Author: rayvt ✧☼🐝  😊 😞
Number: of 6371 
Subject: Re: Market returns after elections
Date: 11/10/26 2:33 PM
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you mentioned you hold SSO and TQQQ. If you don't mind me asking, what do you use them for? You said you held them a long time, is it just beta harvest while things are particularly crazy? I haven't used any 2x or 3x daily etfs but have been curious.

I got started on TQQQ after an article I read. Pull up a chart. Hugely volatile but profitable long term.

It's gone from 84 down to 56 in the last month.
And from 58 to 84 in the couple of months before that.

I looked at some timing methods, settled on "QQQ no new 90 day high in the last 90 days". Look at the signal once a week. That reduces the volatility and the CAGR.

The stats from my spreadsheet, 2/12/2010 - 11/6/2025:
TQQQ      B&H       Timed
CAGR 42.5% 43.6%
stdev 61.2% 56.4%
$260,728 $291,890 <<--$1000 grows to...

Drawdown figures:
MaxDD -82% -58%
# days 3957 3957
# DD >50% 441 42
# DD >25% 1137 991

The 10/14/24 lot is sitting at 1.34X QQQ, not the 3X daily leverage.
The 10/8/25 lot is 0.40X.

I got some SSO in March that I still hold. Earlier did some short-term trading of it.

testfol.io: Portfolio Backtester for ETFs and Asset Allocation

I am torn about these. The profits are nice, but it's only about 1% of my total portfolio. So even a double doesn't move the total that much, so why bother?

I dunno, but this seems like it might be worth the risk to buy some right about now, after the big dump that QQQ just did. My market timing signal is still saying to be invested.

---------------------------
I subscribe to a guy on seekingalpha, "CEFs: Income + Opportunity by Douglas Albo"
seekingalpha.com - Cefs income opportunity

An "opportunity" he recently mentioned was UTSL (3X Utilities Select Sector Index).
Since 9/1 that's up 8.3% which is 2.53X of ^IXU.
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