CFZ E-Wiggle Workspace Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : CFZ E-Wiggle Workspace

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Perspective who wrote (9090)	10/24/2008 3:47:43 PM
From: skinowski	Read Replies (1) of 41420

Carefree... don't know what bit me.. -g If a time comes when you really think it's the low of the Big 3 - I think it's worth hedging, and properly. It may turn out to be an energetic rally, and it may last a long time. Another issue is that things are not always what they seem to be. There is no way to be sure that the structure starting last October wasn't a big ABC-X-ABC, with X topping in May. In that case we would be due for what may be a very substantial Wave B up. May last a year without a problem. Agree that this is not the most likely scenario. But who knows. I have a feeling that this particular Bear may find a way to go on longer than 1 1/2 - 2 years. As for hedging vehicles, the biggest bang for the buck is futures, like ES or NQ. Other than that, I came to like the double inverse ETF's. They are liquid, and trade pretty cleanly. Another safe-ish (but limited) strategy could be writing covered puts against the shorts... maybe even keep writing them all the way up. And when eventually you'll start getting filled, perhaps that will be the time to sell twice... -g

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next