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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (11595)9/11/2008 6:56:05 AM
From: SliderOnTheBlack2 Recommendations  Respond to of 50084
 
re: ["What about just being in cash as a hedge in these perilous times?"]

There is nothing wrong with sitting in cash during
market environments like this.

...nothing at all.

But, cash is not really a "hedge" or, an insurance policy
that can pay you, and insure your long positions.

But, as far as sitting in cash, in the dollar...

The US Dollar that every single gold bug
permabull pundit drove a stake through?

The US Dollar that was going to USD 50?

The Dollar that Bernanke was going to drop from helicopters?

The Dollar that many were going to fuel their furnace with?

This Dollar?



SOTB

PS: As far as sitting in cash...

"Sometimes, the best trades are the ones you don't make."