Silicon Investor (SI) -- The First Internet Community

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 : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (88734)	9/11/2007 6:19:29 AM
From: saveslivesbyday	Respond to of 306849

"I am long these three going into the fed meeting, and short all the rest." I'm completely out of stocks now in my trading account. Just a few miscellaneous puts. The volatility has been unbelievably great for trading, but for me this requires sitting at the computer for hours on end. It's actually stirring up arthritis in my neck! Then I have to remind myself that - despite managing all of my family's assets by myself - I'm a surgeon, not a hedge fund manager. And I'm lucky to have a "day job" that is so exceptionally fantastic and rewarding. I also don't trust that the WS mood won't change every minute. I remember reading on a Yahoo board a few years ago from a day trader who said he never holds positions overnight. I simply couldn't imagine it at the time, but now I know clearly what he meant. My idea of a "long term trade" these days is about 1 hour.

To: Think4Yourself who wrote (88734)	9/13/2007 10:40:57 PM
From: TH	Read Replies (1) \| Respond to of 306849

John, Is this plan still your current thinking? I must admit, I thought it was a bold plan, and even considered following you. I covered a bit too soon last month, and was expecting more of a bounce into the Fedhead blabfest. Now I'm not sure if I want to roll em next Tuesday AFTER the announcement. My guess is only a 1/4. Any less and the market pukes, and the Fedheads are very cognizant of this potential. 1/2 might scare the bulls into a recognition phase that things are worse than they want to believe. If this assumption is correct, then my guess is that a 1/4 does not ignite much of anything for the bulls, and consequently I do not get attractive short entries for any of my favorite sick puppies (aka homies, regional banks, and mortgage giants). Zero opportunity, except for the bold shorts that open positions at these relatively low levels. I'm too chicken for that game at the present time. I need to see more recognition of systemic weakness to know that general index weakness will be giving me a helping hand. GT TH