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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 378.38+2.7%Nov 10 4:00 PM EST

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To: Elroy Jetson who wrote (43508)12/5/2008 8:36:17 PM
From: TobagoJack  Read Replies (1) of 217669
 
<<delightful>>

just in in-tray

Sell the rallies -- Nassim Taleb (author of The Black Swan) interview on Charlie Rose (about 20 minutes) -- more bearish than Roubini? Yikes!

He came off as more bearish than Roubini last night in this latest Charlie Rose interview, and advocates only putting on "bi-modal" trades where you use a small percentage of capital to place "black swan" type option bets on out of the money strikes, so to speak. But he has kept lots of dry powder, 80%-90% in cash and equivalents, at the remainder in risky investments. He does not like "medium risk" investments, because they probably are higher risk than you think.

1440wallstreet.com


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