walking into the fire

[La Jolla Renter]

Congress could just as easily pass a plan that Wall Street does not like. Toss in a bit a lousy news, retail sales, bank default, etc. and the market could tank.

50/50 chance long or short.

[stockstradr]

Very early this morning (markets down 1%) I dumped my 20%-of-portfolio postion that was 2X long the S&P500 and NASDAQ.

I got scared when I saw markets woke up with what looked like a BAD MOOD. Now I see stock markets have recovered to be mostly flat.

I agreee with those recommending “capital preservation” as their primary focus during these chaotic market conditions. Also too difficult to predict if a significant Wall St. bailout will pass.

So I’m 25% gold and 75% cash. Kitco shows gold is pretty much flat for the day. So far i was right about gold falling (short-term) as gold is now down to $871.

[stockstradr]

Very early this morning (markets down 1%) I dumped my 20%-of-portfolio postion that was 2X long the S&P500 and NASDAQ.

I got scared when I saw markets woke up with what looked like a BAD MOOD. Now I see stock markets have recovered to be mostly flat.

I agreee with those recommending “capital preservation” as their primary focus during these chaotic market conditions. Also too difficult to predict if a significant Wall St. bailout will pass.

So I’m 25% gold and 75% cash. Kitco shows gold is pretty much flat for the day. So far i was right about gold falling (short-term) as gold is now down to $871.

[stockstradr]

Very early this morning (markets down 1%) I dumped my 20%-of-portfolio postion that was 2X long the S&P500 and NASDAQ.

I got scared when I saw markets woke up with what looked like a BAD MOOD. Now I see stock markets have recovered to be mostly flat.

I agreee with those recommending “capital preservation” as their primary focus during these chaotic market conditions. Also too difficult to predict if a significant Wall St. bailout will pass.

So I’m 25% gold and 75% cash. Kitco shows gold is pretty much flat for the day. So far i was right about gold falling (short-term) as gold is now down to $871.

[stockstradr]

Very early this morning (markets down 1%) I dumped my 20%-of-portfolio postion that was 2X long the S&P500 and NASDAQ.

I got scared when I saw markets woke up with what looked like a BAD MOOD. Now I see stock markets have recovered to be mostly flat.

I agreee with those recommending “capital preservation” as their primary focus during these chaotic market conditions. Also too difficult to predict if a significant Wall St. bailout will pass.

So I’m 25% gold and 75% cash. Kitco shows gold is pretty much flat for the day. So far i was right about gold falling (short-term) as gold is now down to $871.

[stockstradr]

Very early this morning (markets down 1%) I dumped my 20%-of-portfolio postion that was 2X long the S&P500 and NASDAQ.

I got scared when I saw markets woke up with what looked like a BAD MOOD. Now I see stock markets have recovered to be mostly flat.

I agreee with those recommending “capital preservation” as their primary focus during these chaotic market conditions. Also too difficult to predict if a significant Wall St. bailout will pass.

So I’m 25% gold and 75% cash. Kitco shows gold is pretty much flat for the day. So far i was right about gold falling (short-term) as gold is now down to $871.

[stockstradr]

In at $30.25, out at $38 today.

Nice play, I assume on BAC. That’s the way to get it done!

I agree if Buffet is investing, it gives me confidence. I have all his books. Man’s brilliant.

[stockstradr]

In at $30.25, out at $38 today.

Nice play, I assume on BAC. That’s the way to get it done!

I agree if Buffet is investing, it gives me confidence. I have all his books. Man’s brilliant.

[stockstradr]

In at $30.25, out at $38 today.

Nice play, I assume on BAC. That’s the way to get it done!

I agree if Buffet is investing, it gives me confidence. I have all his books. Man’s brilliant.

[stockstradr]

In at $30.25, out at $38 today.

Nice play, I assume on BAC. That’s the way to get it done!

I agree if Buffet is investing, it gives me confidence. I have all his books. Man’s brilliant.

[stockstradr]

In at $30.25, out at $38 today.

Nice play, I assume on BAC. That’s the way to get it done!

I agree if Buffet is investing, it gives me confidence. I have all his books. Man’s brilliant.

[Coronita]

[quote=stockstradr]In at $30.25, out at $38 today.

Nice play, I assume on BAC. That’s the way to get it done!

I agree if Buffet is investing, it gives me confidence. I have all his books. Man’s brilliant.[/quote]

It’s only fun until I lose my shirt 🙂

Really, I’m a crack addict gambler.

[Coronita]

[quote=stockstradr]In at $30.25, out at $38 today.

Nice play, I assume on BAC. That’s the way to get it done!

I agree if Buffet is investing, it gives me confidence. I have all his books. Man’s brilliant.[/quote]

It’s only fun until I lose my shirt 🙂

Really, I’m a crack addict gambler.

[Coronita]

[quote=stockstradr]In at $30.25, out at $38 today.

Nice play, I assume on BAC. That’s the way to get it done!

I agree if Buffet is investing, it gives me confidence. I have all his books. Man’s brilliant.[/quote]

It’s only fun until I lose my shirt 🙂

Really, I’m a crack addict gambler.

[Coronita]

[quote=stockstradr]In at $30.25, out at $38 today.

Nice play, I assume on BAC. That’s the way to get it done!

I agree if Buffet is investing, it gives me confidence. I have all his books. Man’s brilliant.[/quote]

It’s only fun until I lose my shirt 🙂

Really, I’m a crack addict gambler.

[Author]

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