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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (41352)	2/6/2011 12:12:45 AM
From: Steve Felix	Respond to of 78625

OT- Don't want to go off in the bushes on Pauls thread, but did want to comment on holding few positions. No more posts on this subject. TZA is 300% inverse the Russel 2000. Not a holding just short term insurance. The only thing I will hold in the red, which it is by $200 since my buy Thursday afternoon. Doubt I am any better than you at predicting short term market moves, although hindsight is 20/20. Stock specific market news is also a mystery. There are market mavens calling for pops, drops, and anything else you can think of for Monday morning. Here is my situation: We open flat – no big deal We open up – my high beta stocks should support losses in TZA We open down – my choice – I get to sell TZA while my stocks are down I'd say odds are the market will be up because I'm sitting out.