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To: scoot1212 who wrote (31434)11/4/2018 3:02:35 PM
From: scoot1212  Respond to of 41412
 
Roger, one other thing. There's nothing wrong with being fully invested right now. It's just a matter of "in what?" ;)



To: scoot1212 who wrote (31434)11/4/2018 3:20:24 PM
From: skinowski  Read Replies (1) | Respond to of 41412
 
I would be long and short, and appropriately so.
This reminds me of the Congressional hearings after the 2008 crash. They established that Goldman Sachs at some point was both short and long the same instruments, and thought that was proof of criminality and malfeasance. In reality, that was proof that politicians didn't know their butt from their elbow.

Clearly, being long or short the same thing makes every bit of sense when trading several different strategies!

Speaking of litigiousness... on this thread, I repeated time after time that everyone is fully responsible for their trading decisions. It's a forum where people freely exchange views and opinions. One has to be out of his or her mind to rely on this free flowing conversation for investment decisions. It really is a free for all... all opinions are welcome - and Caveat Emptor - let the buyer (in this case, reader) - beware. Everyone is 100% responsible for their decisions. Let there be no mistakes about it.



To: scoot1212 who wrote (31434)11/4/2018 4:04:13 PM
From: rogermci®  Read Replies (2) | Respond to of 41412
 
Good to know you're very experienced and it shows in your comments. One last question, since you're thinking we need single digit PE's before another secular bull market, would it be safe to say that would include breaking SP 1810 which I count as the start of this secular bull?