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


To: TH who wrote (291255)11/13/2010 5:06:54 PM
From: ggershRead Replies (2) | Respond to of 306849
 
TH

Sounds like the strategy is in place, I myself
am skeptical of this rally, and the world is
finally telling Ben to GFY.

My last thought, if I was a WS trader I'd
seriously would be getting short this
bubble, JMO!

Gold, Silver are the only true hedge.

ggersh



To: TH who wrote (291255)11/13/2010 6:26:03 PM
From: TommasoRead Replies (1) | Respond to of 306849
 
>>>I'm actually in agreement with that, but I don't think it will be Monday. The bullion is no-brainer. If it runs up again to 1425 or so, I'll put on a short. If not, I'm happy holding it, up or down, for the long ride into phase three of the PM bull. The major miners I've added on Friday are already green, and I'd cut em loose fast if we had a correction.

But, I think Monday will be a pretty large up-day, hence I held the miners. The G20 didn't do squat, as expected, and with another QE heroin injection, we should see a reversal from Friday.

Now Tuesday is a different story. I might sell a pop on Monday and then get short for Tuesday. I don't know yet, but I'm trading the market with a horizon of exactly 1 day.

And yea, it is well known by shorts that we don't get paid as often, but when we do it is three times faster down that up. A nice payday for shorts is coming, but I just don't know when.

<<<

Man, I think you need a 6-month cruise to Antarctica with no Internet connection! Just take the complete works of Henry James on a Kindle, read it all, and when you get home you will be rich beyond your wildest dreams.