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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (78098)12/6/2007 10:49:15 PM
From: Real Man  Read Replies (1) of 94695
 
You can't be long without leverage either -g- SP has to go
to 1700 to match July highs in constant dollars NOW, and
I expect the dollar to be worth a lot less by the time it
gets there <g> This is a sneaky bear market. 2007 was a loss
for stocks. Thus, I prefer to just short the dollar. Unlike
SP that's going to infinity long term, the buck is going to
zero long term. I expect inverse dollar to continue
outperforming SP. -g-
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