Tuesday, November 28, 2006

 

Quick Alert: Bears Now Hunting Bulls

I sense a sentiment change and all of my bear friends are predicting the end of civilization-- as we know it. While it's true, the dollar decline is alarming, these Elliot Wave guys are calling for a 40% drop in the DOW.

Fuck those Elliot guys, who want to inherit a scorched earth.

However, I do suggest taking on some hedges and booking those profits, while you can.

Comments:
Broker I am trying to position myself for this as well (if the dippers get eaten or shot or their ATM's get unplugged) and I am curious on the long side what you think is safe? I was looking at: energy, healthcare and the homies (worst baked in) as being fairly safe in that environment. Thoughts?
 
QID is a great long if you are positioning for the worst
 
Cash under mattress is the best way to position yourself. Trust me it worked back in 2000.
 
FXE, MZZ and VLO sounds good to me.
 
Broker:

Do you think now is a good time to buy PALM?
 
I hate palm.
 
Post a Comment

Links to this post:

Create a Link



<< Home

This page is powered by Blogger. Isn't yours?

 Subscribe in a reader

DISCLAIMER: This is a personal web site, reflecting the opinions of its author. It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.