Hi, Mark. Just a suggestion, but since commodities are likely to remain in a bull market (probably after an initial pullback with stocks if the market goes south, but, IMO, later decoupling from the rest of the market), if 2006 turns out to be a hard year to earn profits on the long side, you might consider long positions in gold, silver or other commodity-related stocks for your IRA. I'm basically in the same boat, and that is the solution I will implement, if/when the necessity arises. Good luck to you.
Newly
PS I last heard of Michael Parnass back around 2000 or so (I think he coined the phrase 'ka-ching', didn't he?). Seem to recall he was regarded as some sort of 'wonder boy', having gone broke and bounced back to soundly thrash the markets. I was never sure how much of what he said was plain ole hype, and how much was real, since he seemed to be a bit on the exciteable side, always yelling. As I recall he went by a cute handle, kinda goofy, which is on the tip of my tongue, but I can't seem to spit it out. Do you know what it is/was? Driving me nuts trying to remember it. TIA |
