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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ggamer who wrote (46350)	11/30/2005 7:38:22 PM
From: orkrious	Respond to of 110194

I also know that cash is king and that might be a good strategy going forward Cash is trash to Boom Boom Bernanke. Got gold?

To: ggamer who wrote (46350)	11/30/2005 9:53:58 PM
From: russwinter	Read Replies (2) \| Respond to of 110194

You will see me make specific calls from time to time, posted at WSE and here, but no I'm not doing it daily or even weekly. wallstreetexaminer.com If you dig through the WSE archives (back to April)you will see some great calls, and some so so ones. The markets are now dominated by hedge funds and prop desks (I call them Riskloves)who love to take risk and temporarily rent stocks (and about everything else). Right now, their motive appears to be using OPM, to get year bonuses, so doesn't have much to do with correct or real macro views. Day to day or week to week, these wild men are capable of about anything, they could care less (at least for the moment) if the housing market is failing apart, or the consumer is rolling over. So my ability to call all the blasts or at least the extent of the blasts has in part failed. I've looked for ABC patterns, and instead they've taken each major correction this year to new highs, catching me, at least in the final portion of it. So how to trade this market? I really don't pretend to advise anybody else, as tough enough for me. Lately, I've adopted what I call a Humpty Dumpty ()strategy (truly contrarian in an age where everybody has to be long something), avoiding what the Humpties and Riskloves pile into as they anticipate that the Wizards will bail them out with more easy money, and I buy cheap index puts. I've lighten up on most of my gold holdings, and hold a lot in Treasury Bills purchased through Treasury Direct (which I have mentioned several times). ()Alice meets Humpty Dumpty Don't you think you'd be safer down on the ground?' Alice went on, not with any idea of making another riddle, but simply in her good-natured anxiety for the queer creature. `That wall is so very narrow!' `What tremendously easy riddles you ask!' Humpty Dumpty growled out. `Of course I don't think so! Why, if ever I did fall off -- which there's no chance of -- but if I did --' Here he pursed up his lips, and looked so solemn and grand that Alice could hardly help laughing. `If I did fall,' he went on, `the King has promised me -- ah, you may turn pale, if you like! You didn't think I was going to say that, did you? The King has promised me -- with his very own mouth -- to -- to --' To send all his horses and all his men,' Alice interrupted, rather unwisely.