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FED is buying GME ?


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#1 q4wer

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Posted 27 May 2021 - 10:37 AM

re the new FOMO etf
“...look, we want to be extremely agile. We want to be able to go wherever FOMO happens to be. Because where it is, is going to change over time. I mean, right now, you know, a lot of FOMO is in value because that's where the ball is, and that's where we're going to go. The other thing we wanted to do is we wanted to rebalance weekly, so we could really stay in harmony with what's going on. And we also want to weight our holdings by downside risk. So we've got the GameStops and the AMCs, but they're 1% positions, you know, not five, 10, or something like that. ‘
[Matthew Tuttle, CEO of the issuer: Tuttle Capital Management]



#2 fib_1618

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Posted 27 May 2021 - 11:14 AM

The quicker this fund fails, the better....the whole thing is silly stupid on several levels.

 

Fib


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Wise men don't need advice. Fools won't take it. - Benjamin Franklin

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