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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: steve susko who wrote (88963)7/21/2009 10:41:56 PM
From: Real Man  Respond to of 94695
 
Leaving alone. Maybe I should buy some aapl, it will be in da DOW
before too long. Oh, the irony - the IBM was supposed
to win that war in the 90-s -g-



To: steve susko who wrote (88963)7/22/2009 8:03:08 AM
From: Real Man  Respond to of 94695
 
Shorting is dangerous fundamentally in this environment,
even though the economy is in depression. Some silly
deflationist folks think the environment did not change
much since last year. Oh, it did! Our currency already
got destroyed by our dear government, to pay Wall Street.
(see the link below about the financial environment we are in).

I like a trade when fundamentals and technicals
align. That said, a sell is a sell, so one has to be careful
on the long side of the stock market, or sell it short term for
a trade. I don't think we'll see new lows for SP500, and
a buy will be issued at some point.

Message 25801985

And the fundamentals are:

US of A is a Banana Republic, and the recent Goldman scandal
clearly shows it!

Thus, I simply not going to trade on the short side, except
the short side of the dollar, with
these kind of printed money flows.

They will lift a few things, some more than others.

Jumping on some new bubble is still the trade of the moment.

Most of all, Banana Republics normally see soaring prices
of everything, and gold is your best protection



To: steve susko who wrote (88963)7/22/2009 9:53:57 AM
From: Real Man  Read Replies (2) | Respond to of 94695
 
I'm too much of a chicken to act on the sell signal.