Re: Bernie short.
We had three reasons for this dip, Mr G's talk, the Election, and renewed War talk.(UN vote)
I give the market a 50/50 chance up or down.
Since that is useless to go by, I think we best spend time studying individual stocks.
Trading in this down market did not make profits for me, but did keep from losing
. I will reduce trading by 80%, buy more longs. Use no margin
Talk will start on Christmas sales about th 26 th of Nov. I expect the big stores (S, etc) carrying rather common supplies will not be happy, with people looking for something different at the specialty shops ( ann, shrp, gps) who should do well.
And once more if the big stores do poorly, analysts get down on all the retailers which is very irksome.
I am being forced back into Dell now ( over 40% ) by selling losers and moving into better stuff.And if no other
stocks can hold on as well I may go up to 50%,70%
Peering into the crystal glass, I think I see someth..............nooooooooooo, now its turning cloudy again.
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