[stockstradr]

In early May you can see I advised buying put options on the NASDAQ and S&P500. (I did by the way load up on those options myself)

The S&P 500 has fallen 10% since I wrote those words. And we’re down 18% since I was giving that same advice earlier back in Oct ’07.

Yes, I still have my minor short postion on oil industry sector stocks; however, I’ve made so damn much on remaining 90% of my portfolio (short the overall market), that I could care less about oil…except that I plan to now make money on that position as well. I’m now going to double-down next week and cost-average my short oil positions. I think oil prices are due for a nice correction very soon. It all has to do with the timely onset of the recession beginning to reduce global oil demand.

Now, various forum trolls, yes please do reply your usual tired old flame responses ridiculing my market calls. Give me some more material I can make fun of six months from now when I show you my predictions again came true helping me make loads more money….OR, alternatively, you might climb on board place your bets and make some money betting on these falling markets (oil, and overall).

We are only maybe halfway through a long painful market decline. My mouse finger wil not get itchy to click sell-to-close existing short positions until we get below 1100 on the S&P 500….and oil hits about $70/bbl (just guessing on that last one)

It is sinful to make this much money on falling markets, but I’m happy to do it!

[stockstradr]

In early May you can see I advised buying put options on the NASDAQ and S&P500. (I did by the way load up on those options myself)

The S&P 500 has fallen 10% since I wrote those words. And we’re down 18% since I was giving that same advice earlier back in Oct ’07.

Yes, I still have my minor short postion on oil industry sector stocks; however, I’ve made so damn much on remaining 90% of my portfolio (short the overall market), that I could care less about oil…except that I plan to now make money on that position as well. I’m now going to double-down next week and cost-average my short oil positions. I think oil prices are due for a nice correction very soon. It all has to do with the timely onset of the recession beginning to reduce global oil demand.

Now, various forum trolls, yes please do reply your usual tired old flame responses ridiculing my market calls. Give me some more material I can make fun of six months from now when I show you my predictions again came true helping me make loads more money….OR, alternatively, you might climb on board place your bets and make some money betting on these falling markets (oil, and overall).

We are only maybe halfway through a long painful market decline. My mouse finger wil not get itchy to click sell-to-close existing short positions until we get below 1100 on the S&P 500….and oil hits about $70/bbl (just guessing on that last one)

It is sinful to make this much money on falling markets, but I’m happy to do it!

[stockstradr]

In early May you can see I advised buying put options on the NASDAQ and S&P500. (I did by the way load up on those options myself)

The S&P 500 has fallen 10% since I wrote those words. And we’re down 18% since I was giving that same advice earlier back in Oct ’07.

Yes, I still have my minor short postion on oil industry sector stocks; however, I’ve made so damn much on remaining 90% of my portfolio (short the overall market), that I could care less about oil…except that I plan to now make money on that position as well. I’m now going to double-down next week and cost-average my short oil positions. I think oil prices are due for a nice correction very soon. It all has to do with the timely onset of the recession beginning to reduce global oil demand.

Now, various forum trolls, yes please do reply your usual tired old flame responses ridiculing my market calls. Give me some more material I can make fun of six months from now when I show you my predictions again came true helping me make loads more money….OR, alternatively, you might climb on board place your bets and make some money betting on these falling markets (oil, and overall).

We are only maybe halfway through a long painful market decline. My mouse finger wil not get itchy to click sell-to-close existing short positions until we get below 1100 on the S&P 500….and oil hits about $70/bbl (just guessing on that last one)

It is sinful to make this much money on falling markets, but I’m happy to do it!

[stockstradr]

Here is my portfolio update:

I’m down 8% in last three months, due to not selling gold at $1000, and shorting oil, and also I re-established the short positions on the indexes back when the S&P500 hit 1340..and then it climbed up to 1440.

But I did by put options on the indexes when the S&P500 hit 1400; those are paying off.

I’ll take my credits for being one of the first on here to warn of runaway inflation. Now that is the hot topic on every business news talk show and business newspaper.

Now with the markets in free-fall, my portfolio is rapidly swinging positive thanks to my having a huge position in “SDS” the 2X leveraged short ETF on the S&P500.

So my market pick for you all? Buy SDS and get in on some of this short market action which I predict will take the S&P500 to 1000 or lower (But that could take 24 or even 36 months)

[stockstradr]

Here is my portfolio update:

I’m down 8% in last three months, due to not selling gold at $1000, and shorting oil, and also I re-established the short positions on the indexes back when the S&P500 hit 1340..and then it climbed up to 1440.

But I did by put options on the indexes when the S&P500 hit 1400; those are paying off.

I’ll take my credits for being one of the first on here to warn of runaway inflation. Now that is the hot topic on every business news talk show and business newspaper.

Now with the markets in free-fall, my portfolio is rapidly swinging positive thanks to my having a huge position in “SDS” the 2X leveraged short ETF on the S&P500.

So my market pick for you all? Buy SDS and get in on some of this short market action which I predict will take the S&P500 to 1000 or lower (But that could take 24 or even 36 months)

[stockstradr]

Here is my portfolio update:

I’m down 8% in last three months, due to not selling gold at $1000, and shorting oil, and also I re-established the short positions on the indexes back when the S&P500 hit 1340..and then it climbed up to 1440.

But I did by put options on the indexes when the S&P500 hit 1400; those are paying off.

I’ll take my credits for being one of the first on here to warn of runaway inflation. Now that is the hot topic on every business news talk show and business newspaper.

Now with the markets in free-fall, my portfolio is rapidly swinging positive thanks to my having a huge position in “SDS” the 2X leveraged short ETF on the S&P500.

So my market pick for you all? Buy SDS and get in on some of this short market action which I predict will take the S&P500 to 1000 or lower (But that could take 24 or even 36 months)

[stockstradr]

Here is my portfolio update:

I’m down 8% in last three months, due to not selling gold at $1000, and shorting oil, and also I re-established the short positions on the indexes back when the S&P500 hit 1340..and then it climbed up to 1440.

But I did by put options on the indexes when the S&P500 hit 1400; those are paying off.

I’ll take my credits for being one of the first on here to warn of runaway inflation. Now that is the hot topic on every business news talk show and business newspaper.

Now with the markets in free-fall, my portfolio is rapidly swinging positive thanks to my having a huge position in “SDS” the 2X leveraged short ETF on the S&P500.

So my market pick for you all? Buy SDS and get in on some of this short market action which I predict will take the S&P500 to 1000 or lower (But that could take 24 or even 36 months)

[stockstradr]

Here is my portfolio update:

I’m down 8% in last three months, due to not selling gold at $1000, and shorting oil, and also I re-established the short positions on the indexes back when the S&P500 hit 1340..and then it climbed up to 1440.

But I did by put options on the indexes when the S&P500 hit 1400; those are paying off.

I’ll take my credits for being one of the first on here to warn of runaway inflation. Now that is the hot topic on every business news talk show and business newspaper.

Now with the markets in free-fall, my portfolio is rapidly swinging positive thanks to my having a huge position in “SDS” the 2X leveraged short ETF on the S&P500.

So my market pick for you all? Buy SDS and get in on some of this short market action which I predict will take the S&P500 to 1000 or lower (But that could take 24 or even 36 months)

[stockstradr]

The real Winchester Mansion is about 10 min drive from our current home. It is a great tour of that house. What a strange house!

[stockstradr]

The real Winchester Mansion is about 10 min drive from our current home. It is a great tour of that house. What a strange house!

[stockstradr]

The real Winchester Mansion is about 10 min drive from our current home. It is a great tour of that house. What a strange house!

[stockstradr]

The real Winchester Mansion is about 10 min drive from our current home. It is a great tour of that house. What a strange house!

[stockstradr]

The real Winchester Mansion is about 10 min drive from our current home. It is a great tour of that house. What a strange house!

[stockstradr]

GREAT post!

Get’s us all thinking about moving on opportunities, and how best to secure bargain pricing. My wife and I are definitly in position to do same, as our now renters with good cash flow, no debts.

Also, I’ll remind everyone of my post about a month or two ago, which many didn’t take seriously. That post warned of INFLATION raising up mortgage rates, making NOW the time to buy because mortgage rates will rise so far and fast that it won’t matter if housing prices keep falling for a couple years.

My wife and I are going to start looking with intent to buy forclosed properties. If mortgage rates go much higher, I will be writing “I told you so” because already inflation (or stagflation) has since (I wrote my post) become the hottest topic on news channels.

Be afraid of inflation, very afraid. If mortgage interest rates jump up to 10%, all this housing price decline won’t matter relative to actual monthly house payment.

Read Rich’s recent posts on inflation. Very very well written, as always.

[stockstradr]

GREAT post!

Get’s us all thinking about moving on opportunities, and how best to secure bargain pricing. My wife and I are definitly in position to do same, as our now renters with good cash flow, no debts.

Also, I’ll remind everyone of my post about a month or two ago, which many didn’t take seriously. That post warned of INFLATION raising up mortgage rates, making NOW the time to buy because mortgage rates will rise so far and fast that it won’t matter if housing prices keep falling for a couple years.

My wife and I are going to start looking with intent to buy forclosed properties. If mortgage rates go much higher, I will be writing “I told you so” because already inflation (or stagflation) has since (I wrote my post) become the hottest topic on news channels.

Be afraid of inflation, very afraid. If mortgage interest rates jump up to 10%, all this housing price decline won’t matter relative to actual monthly house payment.

Read Rich’s recent posts on inflation. Very very well written, as always.

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