SRS and SKF have been good to me. I think they are excellent in short term ( very short term investing ). Only advise I can give is, don’t get too greedy. If you get 10 to 15% profit, cash out and leave before getting hammered by market manipulation. Remember you are playing against
big boys with lots of money, They will always control the market and crush short positions. Since these funds are basically naked shorting a sector, they can go up or down 10% a day depend on which way the wind is blowing.
As far as gold goes, I am not sure is a bubble by itself
or not. It seems that gold have support level at 780. If
it goes below that I might get in.
One thing I have been watching is Dollar verses other
currencies. I see stabilization against Canadian and other
eastern currency and small increase against Euro. From what
I hear and read I think Euro and Pound have their own
housing bubble problem which might cause a shift and devaluation against dollar. So I think investing in Canadian
Bank as CD might be a good hedge against dollar slide
Here is a chart that I look at once a while. What you
all think about Canadian currency at this moment ?
