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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (6469)10/13/2011 8:25:40 PM
From: marc ultra1 Recommendation  Read Replies (2) | Respond to of 10065
 
I think I said it here that the ECRI recession call would cause institutional players to want to sell all rallies. That has obviously proven dead wrong. If the ECRI is correct which I still believe will be the case then it seems like we'll have to see the whites of the recession's eyes.

If I knew that in advance I wouldn't have blown out of my portfolio at what would have been a perfectly timed short term call option and other stuff until I saw the he big upmove off the Sept 22 retest play out for a while before worrying about a possible recession affect the market. Of course this is just another stupid point that proves hindsight is 20/20.