DOES YOUR MOTHER KNOW YOUR DOING THIS??

Gearing is always dangerous, so this is money you could loose.
But at least trading ETFs you can only loose the money you put in.
Not like margin calls where you can loose your shirt as well!

Our Market has demonstrated a tight trading range since the GFC
The ASX All Ords finding good support at or around 4900, and selling off at around 5800.
So can we make money short term by trading Geared ETFs?

The plan is to use Vectorvest as an experiment, to Technical trade bollinger bands oversold
Buy the GEAR.AX Australian Market, and GGUS.AX us market geared ETF oversold.
and BBUS.AX and BEAR.AX when bollinger bands indicate a down turn.

Very Dangerous stuff, but when we have had BHP fall $48 to below $15, you have to think maybe fundamentals are wrong, and could technical trading be any more dangerous if you use stops!

So  even though the BBUS GGUS page goes completely against my philosophy, its impossible to get any yield anywhere, lets see if a pensioner can trade a simple strategy, and get ahead!

And lets face it, no one is talking interest rates of 8% so the new norm for the next 10 years maybe 2.5%.

That makes a lot of retirement funds hopelessly inadequate, we have to look at other things.

So the GGUS BBUS ride starts today, small entry on GEAR.AX today.