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kewp
ParticipantCheck out my portfolio @MarketGuru.com for ideas.
http://www.marketguru.com/V4Vendetta
I basically day-trade the leveraged short ETF’s (when I have the time). Most of my gains this year have been buying SKF (ultrashort financials) on the dips and flipping it.
There are also 3X leveraged short funds now:
http://finance.google.com/finance?q=BGZ
*But*, keep in mind the biggest rallies are in bear markets. I’m going to try staying in cash and shorting after the rallies run out of steam.
kewp
ParticipantCheck out my portfolio @MarketGuru.com for ideas.
http://www.marketguru.com/V4Vendetta
I basically day-trade the leveraged short ETF’s (when I have the time). Most of my gains this year have been buying SKF (ultrashort financials) on the dips and flipping it.
There are also 3X leveraged short funds now:
http://finance.google.com/finance?q=BGZ
*But*, keep in mind the biggest rallies are in bear markets. I’m going to try staying in cash and shorting after the rallies run out of steam.
kewp
ParticipantCheck out my portfolio @MarketGuru.com for ideas.
http://www.marketguru.com/V4Vendetta
I basically day-trade the leveraged short ETF’s (when I have the time). Most of my gains this year have been buying SKF (ultrashort financials) on the dips and flipping it.
There are also 3X leveraged short funds now:
http://finance.google.com/finance?q=BGZ
*But*, keep in mind the biggest rallies are in bear markets. I’m going to try staying in cash and shorting after the rallies run out of steam.
kewp
ParticipantCheck out my portfolio @MarketGuru.com for ideas.
http://www.marketguru.com/V4Vendetta
I basically day-trade the leveraged short ETF’s (when I have the time). Most of my gains this year have been buying SKF (ultrashort financials) on the dips and flipping it.
There are also 3X leveraged short funds now:
http://finance.google.com/finance?q=BGZ
*But*, keep in mind the biggest rallies are in bear markets. I’m going to try staying in cash and shorting after the rallies run out of steam.
November 11, 2008 at 11:25 AM in reply to: Just wondering where all the “Bring it on people” are at #302695kewp
ParticipantThe safe jobs are, generally speaking, in government. All levels, state, local, federal, military, are virtually immune to the tribulations the private sector employees are about to go through.
I work for the UC system; largely because I anticipated this economic meltdown a few years ago and wanted to get locked into something stable (with good benefits) until it was over.
Well, we just got word that in addition to having a salary freeze this year, we got hit with an additional mid-cycle budget cut. To top it off our pension fund is down almost 25% and we are looking at having to begin contributions again next year.
And, as FLUW mentioned, we are only in round two of this thing.
At this point I don’t think any job is *safe* and would not be surprised at all if we had lay-offs (though I feel my position is safe).
Funny enough, I still get a few pings a month from recruiters, so there is some evidence that there will always be jobs out there for good people.
November 11, 2008 at 11:25 AM in reply to: Just wondering where all the “Bring it on people” are at #303057kewp
ParticipantThe safe jobs are, generally speaking, in government. All levels, state, local, federal, military, are virtually immune to the tribulations the private sector employees are about to go through.
I work for the UC system; largely because I anticipated this economic meltdown a few years ago and wanted to get locked into something stable (with good benefits) until it was over.
Well, we just got word that in addition to having a salary freeze this year, we got hit with an additional mid-cycle budget cut. To top it off our pension fund is down almost 25% and we are looking at having to begin contributions again next year.
And, as FLUW mentioned, we are only in round two of this thing.
At this point I don’t think any job is *safe* and would not be surprised at all if we had lay-offs (though I feel my position is safe).
Funny enough, I still get a few pings a month from recruiters, so there is some evidence that there will always be jobs out there for good people.
November 11, 2008 at 11:25 AM in reply to: Just wondering where all the “Bring it on people” are at #303068kewp
ParticipantThe safe jobs are, generally speaking, in government. All levels, state, local, federal, military, are virtually immune to the tribulations the private sector employees are about to go through.
I work for the UC system; largely because I anticipated this economic meltdown a few years ago and wanted to get locked into something stable (with good benefits) until it was over.
Well, we just got word that in addition to having a salary freeze this year, we got hit with an additional mid-cycle budget cut. To top it off our pension fund is down almost 25% and we are looking at having to begin contributions again next year.
And, as FLUW mentioned, we are only in round two of this thing.
At this point I don’t think any job is *safe* and would not be surprised at all if we had lay-offs (though I feel my position is safe).
Funny enough, I still get a few pings a month from recruiters, so there is some evidence that there will always be jobs out there for good people.
November 11, 2008 at 11:25 AM in reply to: Just wondering where all the “Bring it on people” are at #303085kewp
ParticipantThe safe jobs are, generally speaking, in government. All levels, state, local, federal, military, are virtually immune to the tribulations the private sector employees are about to go through.
I work for the UC system; largely because I anticipated this economic meltdown a few years ago and wanted to get locked into something stable (with good benefits) until it was over.
Well, we just got word that in addition to having a salary freeze this year, we got hit with an additional mid-cycle budget cut. To top it off our pension fund is down almost 25% and we are looking at having to begin contributions again next year.
And, as FLUW mentioned, we are only in round two of this thing.
At this point I don’t think any job is *safe* and would not be surprised at all if we had lay-offs (though I feel my position is safe).
Funny enough, I still get a few pings a month from recruiters, so there is some evidence that there will always be jobs out there for good people.
November 11, 2008 at 11:25 AM in reply to: Just wondering where all the “Bring it on people” are at #303141kewp
ParticipantThe safe jobs are, generally speaking, in government. All levels, state, local, federal, military, are virtually immune to the tribulations the private sector employees are about to go through.
I work for the UC system; largely because I anticipated this economic meltdown a few years ago and wanted to get locked into something stable (with good benefits) until it was over.
Well, we just got word that in addition to having a salary freeze this year, we got hit with an additional mid-cycle budget cut. To top it off our pension fund is down almost 25% and we are looking at having to begin contributions again next year.
And, as FLUW mentioned, we are only in round two of this thing.
At this point I don’t think any job is *safe* and would not be surprised at all if we had lay-offs (though I feel my position is safe).
Funny enough, I still get a few pings a month from recruiters, so there is some evidence that there will always be jobs out there for good people.
kewp
Participant[quote=sdduuuude]
If it overshoots to the downside, then we may have an underdamped and possibly unstable system (positive feedback or open loop), as I suspect.
[/quote]I think this is the most likely scenario (its always happened in the past with much smaller bubbles).
Foreclosures beget more foreclosures. Same with short-sales and unemployment. I remember hearing a statistic that during the 80’s slump, when one engineering job left SD, three 7/11 employees went with them.
You are correct that its only a ‘negative’ feedback loop if you are talking about negative bias against the upside. You could make the case that this is correct in the long term, as the generic long-term trend is upwards.
kewp
Participant[quote=sdduuuude]
If it overshoots to the downside, then we may have an underdamped and possibly unstable system (positive feedback or open loop), as I suspect.
[/quote]I think this is the most likely scenario (its always happened in the past with much smaller bubbles).
Foreclosures beget more foreclosures. Same with short-sales and unemployment. I remember hearing a statistic that during the 80’s slump, when one engineering job left SD, three 7/11 employees went with them.
You are correct that its only a ‘negative’ feedback loop if you are talking about negative bias against the upside. You could make the case that this is correct in the long term, as the generic long-term trend is upwards.
kewp
Participant[quote=sdduuuude]
If it overshoots to the downside, then we may have an underdamped and possibly unstable system (positive feedback or open loop), as I suspect.
[/quote]I think this is the most likely scenario (its always happened in the past with much smaller bubbles).
Foreclosures beget more foreclosures. Same with short-sales and unemployment. I remember hearing a statistic that during the 80’s slump, when one engineering job left SD, three 7/11 employees went with them.
You are correct that its only a ‘negative’ feedback loop if you are talking about negative bias against the upside. You could make the case that this is correct in the long term, as the generic long-term trend is upwards.
kewp
Participant[quote=sdduuuude]
If it overshoots to the downside, then we may have an underdamped and possibly unstable system (positive feedback or open loop), as I suspect.
[/quote]I think this is the most likely scenario (its always happened in the past with much smaller bubbles).
Foreclosures beget more foreclosures. Same with short-sales and unemployment. I remember hearing a statistic that during the 80’s slump, when one engineering job left SD, three 7/11 employees went with them.
You are correct that its only a ‘negative’ feedback loop if you are talking about negative bias against the upside. You could make the case that this is correct in the long term, as the generic long-term trend is upwards.
kewp
Participant[quote=sdduuuude]
If it overshoots to the downside, then we may have an underdamped and possibly unstable system (positive feedback or open loop), as I suspect.
[/quote]I think this is the most likely scenario (its always happened in the past with much smaller bubbles).
Foreclosures beget more foreclosures. Same with short-sales and unemployment. I remember hearing a statistic that during the 80’s slump, when one engineering job left SD, three 7/11 employees went with them.
You are correct that its only a ‘negative’ feedback loop if you are talking about negative bias against the upside. You could make the case that this is correct in the long term, as the generic long-term trend is upwards.
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