Home › Forums › Financial Markets/Economics › Recession – here we come!
- This topic has 80 replies, 14 voices, and was last updated 17 years, 10 months ago by
stockstradr.
-
AuthorPosts
-
January 4, 2008 at 10:30 AM #129400January 4, 2008 at 11:33 AM #129201
DWCAP
ParticipantI am gonna hold judgement until the revised numbers. IF this number holds, and carries into Feb, we will go into recession in some facit or another, no matter what the fed does. I am gonna wait though, to make sure they didnt forget some large segment as they did last sept. You know, oh wait, we forgot to add in teachers!
January 4, 2008 at 11:33 AM #129369DWCAP
ParticipantI am gonna hold judgement until the revised numbers. IF this number holds, and carries into Feb, we will go into recession in some facit or another, no matter what the fed does. I am gonna wait though, to make sure they didnt forget some large segment as they did last sept. You know, oh wait, we forgot to add in teachers!
January 4, 2008 at 11:33 AM #129377DWCAP
ParticipantI am gonna hold judgement until the revised numbers. IF this number holds, and carries into Feb, we will go into recession in some facit or another, no matter what the fed does. I am gonna wait though, to make sure they didnt forget some large segment as they did last sept. You know, oh wait, we forgot to add in teachers!
January 4, 2008 at 11:33 AM #129443DWCAP
ParticipantI am gonna hold judgement until the revised numbers. IF this number holds, and carries into Feb, we will go into recession in some facit or another, no matter what the fed does. I am gonna wait though, to make sure they didnt forget some large segment as they did last sept. You know, oh wait, we forgot to add in teachers!
January 4, 2008 at 11:33 AM #129474DWCAP
ParticipantI am gonna hold judgement until the revised numbers. IF this number holds, and carries into Feb, we will go into recession in some facit or another, no matter what the fed does. I am gonna wait though, to make sure they didnt forget some large segment as they did last sept. You know, oh wait, we forgot to add in teachers!
January 4, 2008 at 12:30 PM #129226stockstradr
ParticipantDays like this I drink Champagne with my wife and celebrate.
I have been very aggressively short this market now for some time.
My portfolio:
58% SDS, ProShares Ultrashort (2X) on S&P 500
11% DUG 1X INVERSE of Dow Jones U.S. Oil & Gas index.
13% GLD (gold ETF)
11% PUTS on NASDAQ and S&P 500
7% CASHYes, I’m getting my ass kicked on the inverse oil position (down 16%) but I’m firing on all other cylinders.
You can imagine those PUTS are really paying off on days like this, to the tune of UP thousands of dollars per hour.
With gold at $865 I’m sitting pretty there also.
Also, I’m obvously pleased that nearly 60% of my portfolio is double-leveraged on the down side of the S&P 500, while that index has fallen 10% since Oct ’07
I do not suggest this portfolio allocation for anyone. This is an incredibly risky allocation, but it is paying off.
If you think markets will continue to head south, I do suggest ProShares “SDS” which has worked very well for shorting the S&P 500 with some added leverage.
The obvious “long shot” gamble in my portfolio, is the short oil position. Laugh, but I still have a good feeling about that gamble paying off short-term. The theory is that with recession now knocking at the door, world oil demand will drop significantly into 2008. Much of oil’s price increase has been speculative and inflation-driven. I see oil falling below $60 within twelve months. However, long-term I’m obviously very bullish on oil prices, expecting $200/bbl oil within 5 years.
January 4, 2008 at 12:30 PM #129394stockstradr
ParticipantDays like this I drink Champagne with my wife and celebrate.
I have been very aggressively short this market now for some time.
My portfolio:
58% SDS, ProShares Ultrashort (2X) on S&P 500
11% DUG 1X INVERSE of Dow Jones U.S. Oil & Gas index.
13% GLD (gold ETF)
11% PUTS on NASDAQ and S&P 500
7% CASHYes, I’m getting my ass kicked on the inverse oil position (down 16%) but I’m firing on all other cylinders.
You can imagine those PUTS are really paying off on days like this, to the tune of UP thousands of dollars per hour.
With gold at $865 I’m sitting pretty there also.
Also, I’m obvously pleased that nearly 60% of my portfolio is double-leveraged on the down side of the S&P 500, while that index has fallen 10% since Oct ’07
I do not suggest this portfolio allocation for anyone. This is an incredibly risky allocation, but it is paying off.
If you think markets will continue to head south, I do suggest ProShares “SDS” which has worked very well for shorting the S&P 500 with some added leverage.
The obvious “long shot” gamble in my portfolio, is the short oil position. Laugh, but I still have a good feeling about that gamble paying off short-term. The theory is that with recession now knocking at the door, world oil demand will drop significantly into 2008. Much of oil’s price increase has been speculative and inflation-driven. I see oil falling below $60 within twelve months. However, long-term I’m obviously very bullish on oil prices, expecting $200/bbl oil within 5 years.
January 4, 2008 at 12:30 PM #129402stockstradr
ParticipantDays like this I drink Champagne with my wife and celebrate.
I have been very aggressively short this market now for some time.
My portfolio:
58% SDS, ProShares Ultrashort (2X) on S&P 500
11% DUG 1X INVERSE of Dow Jones U.S. Oil & Gas index.
13% GLD (gold ETF)
11% PUTS on NASDAQ and S&P 500
7% CASHYes, I’m getting my ass kicked on the inverse oil position (down 16%) but I’m firing on all other cylinders.
You can imagine those PUTS are really paying off on days like this, to the tune of UP thousands of dollars per hour.
With gold at $865 I’m sitting pretty there also.
Also, I’m obvously pleased that nearly 60% of my portfolio is double-leveraged on the down side of the S&P 500, while that index has fallen 10% since Oct ’07
I do not suggest this portfolio allocation for anyone. This is an incredibly risky allocation, but it is paying off.
If you think markets will continue to head south, I do suggest ProShares “SDS” which has worked very well for shorting the S&P 500 with some added leverage.
The obvious “long shot” gamble in my portfolio, is the short oil position. Laugh, but I still have a good feeling about that gamble paying off short-term. The theory is that with recession now knocking at the door, world oil demand will drop significantly into 2008. Much of oil’s price increase has been speculative and inflation-driven. I see oil falling below $60 within twelve months. However, long-term I’m obviously very bullish on oil prices, expecting $200/bbl oil within 5 years.
January 4, 2008 at 12:30 PM #129468stockstradr
ParticipantDays like this I drink Champagne with my wife and celebrate.
I have been very aggressively short this market now for some time.
My portfolio:
58% SDS, ProShares Ultrashort (2X) on S&P 500
11% DUG 1X INVERSE of Dow Jones U.S. Oil & Gas index.
13% GLD (gold ETF)
11% PUTS on NASDAQ and S&P 500
7% CASHYes, I’m getting my ass kicked on the inverse oil position (down 16%) but I’m firing on all other cylinders.
You can imagine those PUTS are really paying off on days like this, to the tune of UP thousands of dollars per hour.
With gold at $865 I’m sitting pretty there also.
Also, I’m obvously pleased that nearly 60% of my portfolio is double-leveraged on the down side of the S&P 500, while that index has fallen 10% since Oct ’07
I do not suggest this portfolio allocation for anyone. This is an incredibly risky allocation, but it is paying off.
If you think markets will continue to head south, I do suggest ProShares “SDS” which has worked very well for shorting the S&P 500 with some added leverage.
The obvious “long shot” gamble in my portfolio, is the short oil position. Laugh, but I still have a good feeling about that gamble paying off short-term. The theory is that with recession now knocking at the door, world oil demand will drop significantly into 2008. Much of oil’s price increase has been speculative and inflation-driven. I see oil falling below $60 within twelve months. However, long-term I’m obviously very bullish on oil prices, expecting $200/bbl oil within 5 years.
January 4, 2008 at 12:30 PM #129500stockstradr
ParticipantDays like this I drink Champagne with my wife and celebrate.
I have been very aggressively short this market now for some time.
My portfolio:
58% SDS, ProShares Ultrashort (2X) on S&P 500
11% DUG 1X INVERSE of Dow Jones U.S. Oil & Gas index.
13% GLD (gold ETF)
11% PUTS on NASDAQ and S&P 500
7% CASHYes, I’m getting my ass kicked on the inverse oil position (down 16%) but I’m firing on all other cylinders.
You can imagine those PUTS are really paying off on days like this, to the tune of UP thousands of dollars per hour.
With gold at $865 I’m sitting pretty there also.
Also, I’m obvously pleased that nearly 60% of my portfolio is double-leveraged on the down side of the S&P 500, while that index has fallen 10% since Oct ’07
I do not suggest this portfolio allocation for anyone. This is an incredibly risky allocation, but it is paying off.
If you think markets will continue to head south, I do suggest ProShares “SDS” which has worked very well for shorting the S&P 500 with some added leverage.
The obvious “long shot” gamble in my portfolio, is the short oil position. Laugh, but I still have a good feeling about that gamble paying off short-term. The theory is that with recession now knocking at the door, world oil demand will drop significantly into 2008. Much of oil’s price increase has been speculative and inflation-driven. I see oil falling below $60 within twelve months. However, long-term I’m obviously very bullish on oil prices, expecting $200/bbl oil within 5 years.
January 4, 2008 at 12:32 PM #129231Coronita
Participantstockstrdr, and conveniently when the markets are up, you go hibernating until the next volatile day. Enjoy your gloating while it lasts. And like I said, if you're really a trader, why oh why are you worrying about housing affordability???
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
January 4, 2008 at 12:32 PM #129399Coronita
Participantstockstrdr, and conveniently when the markets are up, you go hibernating until the next volatile day. Enjoy your gloating while it lasts. And like I said, if you're really a trader, why oh why are you worrying about housing affordability???
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
January 4, 2008 at 12:32 PM #129406Coronita
Participantstockstrdr, and conveniently when the markets are up, you go hibernating until the next volatile day. Enjoy your gloating while it lasts. And like I said, if you're really a trader, why oh why are you worrying about housing affordability???
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
January 4, 2008 at 12:32 PM #129473Coronita
Participantstockstrdr, and conveniently when the markets are up, you go hibernating until the next volatile day. Enjoy your gloating while it lasts. And like I said, if you're really a trader, why oh why are you worrying about housing affordability???
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
AuthorPosts
- You must be logged in to reply to this topic.
