Well, stockstradr, you sure have chutzpa. Or, to use a somewhat more vulgar term, huevos muchos grandes.
I think there are two ways to approach it. Try to ride the short term, high frequency volatility, or try to bet on the long term returns based on fundamentals (and try to hold firm when the volatility goes irrationally against the fundamentals). Both require some nerve, but the former involves trying to time the market and guess which cliff the lemmings will jump off of next. If you guess wrong, or try to get out late, it can really bite you. But if you guess right and get out in time before the fundamentals slap people back to reality, you can really do well. I think that’s how Soros amassed his billions. Good luck to you! I’m holding the longterm positions, just generally bearish on fiat currency, bearish on real estate and equities in real terms but unsure in nominal terms so staying mostly away. Not very exciting. Maybe I can live vicariously through your daring adventures! Keep us posted…
