SI
SI
discoversearch

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.
Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: lindend who wrote (4295)10/6/2008 12:18:46 PM
From: Brander  Respond to of 6370
 
It is currently hard to fail, no matter what you short.



To: lindend who wrote (4295)10/6/2008 4:35:21 PM
From: Bill Wexler  Read Replies (4) | Respond to of 6370
 
They are getting harder to come by. I think you can stay short commercial real estate for a while because some of the associated REITs still haven't fully priced in the new retail landscape.

After huge downdrafts, I look to take profits. It's a little reckless to press bets when there are so many winnings on the table. Besides, value investors always come out after a storm like this to sift through the rubble - so why tempt fate?

In my own portfolio, I'm taking some profits on the shorts, and (as I mentioned in a previous post) using this global selloff as an opportunity to buy stocks in the countries which I believe will recover first and don't have the added weight of debt/currency issues. Most notably...China.