Shorting is dangerous fundamentally in this environment,
even though the economy is in depression. Some silly
deflationist folks think the environment did not change
much since last year. Oh, it did! Our currency already
got destroyed by our dear government, to pay Wall Street.
(see the link below about the financial environment we are in).
I like a trade when fundamentals and technicals
align. That said, a sell is a sell, so one has to be careful
on the long side of the stock market, or sell it short term for
a trade. I don't think we'll see new lows for SP500, and
a buy will be issued at some point.
Message 25801985
And the fundamentals are:
US of A is a Banana Republic, and the recent Goldman scandal
clearly shows it!
Thus, I simply not going to trade on the short side, except
the short side of the dollar, with
these kind of printed money flows.
They will lift a few things, some more than others.
Jumping on some new bubble is still the trade of the moment.
Most of all, Banana Republics normally see soaring prices
of everything, and gold is your best protection |
