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Strategies & Market Trends : Mike's Big Adventure Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (1387)12/1/2006 4:57:12 PM
From: Square_Dealings  Respond to of 1791
 
Me too. Shorted a bunch of stuff early but others already blew up so not getting hurt too bad. Short term trading Canadian royalty trusts and been doing good there.

Theres big problems in banking that are being desperately hidden imo.

Its definitely hitting the fan soon. Dollar turning to mush.

sd



To: nspolar who wrote (1387)12/5/2006 3:15:32 AM
From: Square_Dealings  Respond to of 1791
 
giving it one more day here on shorts. if market closes green on Tues then I will be out.

runaway derivatives action or whatever it is if it gets going much more here it looks like it will go a lot higher to me.

it seems the market is trading as if the dollar goes to zero then that makes stocks worth infinity. I think its a computer glitch

m



To: nspolar who wrote (1387)12/5/2006 4:22:11 PM
From: Square_Dealings  Respond to of 1791
 
Covered all shorts per my plan. Its probably the top but SP cleared a fib that leads to who knows where. It appears this market is going parabolic until it pops.

Too hard to trade that. Went to cash (gold&palladium physical)

Working to close out brokerage account by end of week.

m



To: nspolar who wrote (1387)12/21/2006 1:36:56 PM
From: nspolar  Read Replies (2) | Respond to of 1791
 
No changes in da plan. Still in essence 100 % short.

It would have been nice to get the last little bit at the top on the NAZ. The seasonal factor was stronger than the LT cycle that is just starting. But the seasonal factor is now and/or soon rolling quickly in the other direction, and will become additive to the LT cycle. Double dose.

But having a choice of getting the final 10 %, versus getting in on the wallop now in progress, the latter will do just fine. Steady as she goes. Maintain current heading.