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December 10, 2008 at 10:02 AM in reply to: How high goes the rally on Obama infrastructure spending? #314097December 10, 2008 at 10:02 AM in reply to: How high goes the rally on Obama infrastructure spending? #314118
stockstradr
ParticipantIf I went with the triple short funds, I’d be getting too cocky. Better to stay a little humble when placing my bets!
“SDS” has been good to me this year. Paid me more than my day job pays this year, which trust me is six figures. I’m sticking with 2:1 leverage of “SDS.”
December 10, 2008 at 10:02 AM in reply to: How high goes the rally on Obama infrastructure spending? #314189stockstradr
ParticipantIf I went with the triple short funds, I’d be getting too cocky. Better to stay a little humble when placing my bets!
“SDS” has been good to me this year. Paid me more than my day job pays this year, which trust me is six figures. I’m sticking with 2:1 leverage of “SDS.”
December 10, 2008 at 9:39 AM in reply to: How high goes the rally on Obama infrastructure spending? #313683stockstradr
ParticipantI dumped ALL my short index positions this morning when saw chance to get out and still make enough to buy a Starbucks Latte, on that trade in ProShares “SDS.” Glad I still have the shirt on my back.
So, yes, I saw the markets were not headed down so I covered my short positions and ran like a scared rabbit.
I’m now convinced this Fool’s Rally has some real get-up-and-go left in it.
Lets talk about shorting indexes again when we see the S&P500 getting intimate with 1,000, or 1,050
ALL my current positions are LONG, except this morning I did buy a 3% of portfolio position short the 7-10 year treasuries, using the short fixed income ProShares ETF. Laugh, go ahead. I’ve started to nibble, and I’ll keep adding to my short Treasury position over the next six months. PREDICTION: within six months we will see the top of this bubble (low yields) in short-term US Treasuries. 3-month bill rates going NEGATIVE! Gimma a break. You need me to tell you that this is a great opportunity to short a bubble? I hope not.
Today the market is adding more to nice previous gains I have in my 30% of portfolio position in multiple oil stocks, and a 2:1 leveraged bet on crude. Example, I’m up 35% on PBR in FIVE days (thanks to the Chinese falling in love with Brazilian oil after I bought it). I’ll take that as my Christmas gift from Santa. I love that greasy black oil when prices are moving my direction.
I also dumped all my gold positions at $810/ounce this morning. That was a GUESS that this is still NOT the real rally we’ve all been waiting for; gold price is still under the dark hand of deflationary pressures brought by this lovely economic depression.
December 10, 2008 at 9:39 AM in reply to: How high goes the rally on Obama infrastructure spending? #314040stockstradr
ParticipantI dumped ALL my short index positions this morning when saw chance to get out and still make enough to buy a Starbucks Latte, on that trade in ProShares “SDS.” Glad I still have the shirt on my back.
So, yes, I saw the markets were not headed down so I covered my short positions and ran like a scared rabbit.
I’m now convinced this Fool’s Rally has some real get-up-and-go left in it.
Lets talk about shorting indexes again when we see the S&P500 getting intimate with 1,000, or 1,050
ALL my current positions are LONG, except this morning I did buy a 3% of portfolio position short the 7-10 year treasuries, using the short fixed income ProShares ETF. Laugh, go ahead. I’ve started to nibble, and I’ll keep adding to my short Treasury position over the next six months. PREDICTION: within six months we will see the top of this bubble (low yields) in short-term US Treasuries. 3-month bill rates going NEGATIVE! Gimma a break. You need me to tell you that this is a great opportunity to short a bubble? I hope not.
Today the market is adding more to nice previous gains I have in my 30% of portfolio position in multiple oil stocks, and a 2:1 leveraged bet on crude. Example, I’m up 35% on PBR in FIVE days (thanks to the Chinese falling in love with Brazilian oil after I bought it). I’ll take that as my Christmas gift from Santa. I love that greasy black oil when prices are moving my direction.
I also dumped all my gold positions at $810/ounce this morning. That was a GUESS that this is still NOT the real rally we’ve all been waiting for; gold price is still under the dark hand of deflationary pressures brought by this lovely economic depression.
December 10, 2008 at 9:39 AM in reply to: How high goes the rally on Obama infrastructure spending? #314071stockstradr
ParticipantI dumped ALL my short index positions this morning when saw chance to get out and still make enough to buy a Starbucks Latte, on that trade in ProShares “SDS.” Glad I still have the shirt on my back.
So, yes, I saw the markets were not headed down so I covered my short positions and ran like a scared rabbit.
I’m now convinced this Fool’s Rally has some real get-up-and-go left in it.
Lets talk about shorting indexes again when we see the S&P500 getting intimate with 1,000, or 1,050
ALL my current positions are LONG, except this morning I did buy a 3% of portfolio position short the 7-10 year treasuries, using the short fixed income ProShares ETF. Laugh, go ahead. I’ve started to nibble, and I’ll keep adding to my short Treasury position over the next six months. PREDICTION: within six months we will see the top of this bubble (low yields) in short-term US Treasuries. 3-month bill rates going NEGATIVE! Gimma a break. You need me to tell you that this is a great opportunity to short a bubble? I hope not.
Today the market is adding more to nice previous gains I have in my 30% of portfolio position in multiple oil stocks, and a 2:1 leveraged bet on crude. Example, I’m up 35% on PBR in FIVE days (thanks to the Chinese falling in love with Brazilian oil after I bought it). I’ll take that as my Christmas gift from Santa. I love that greasy black oil when prices are moving my direction.
I also dumped all my gold positions at $810/ounce this morning. That was a GUESS that this is still NOT the real rally we’ve all been waiting for; gold price is still under the dark hand of deflationary pressures brought by this lovely economic depression.
December 10, 2008 at 9:39 AM in reply to: How high goes the rally on Obama infrastructure spending? #314094stockstradr
ParticipantI dumped ALL my short index positions this morning when saw chance to get out and still make enough to buy a Starbucks Latte, on that trade in ProShares “SDS.” Glad I still have the shirt on my back.
So, yes, I saw the markets were not headed down so I covered my short positions and ran like a scared rabbit.
I’m now convinced this Fool’s Rally has some real get-up-and-go left in it.
Lets talk about shorting indexes again when we see the S&P500 getting intimate with 1,000, or 1,050
ALL my current positions are LONG, except this morning I did buy a 3% of portfolio position short the 7-10 year treasuries, using the short fixed income ProShares ETF. Laugh, go ahead. I’ve started to nibble, and I’ll keep adding to my short Treasury position over the next six months. PREDICTION: within six months we will see the top of this bubble (low yields) in short-term US Treasuries. 3-month bill rates going NEGATIVE! Gimma a break. You need me to tell you that this is a great opportunity to short a bubble? I hope not.
Today the market is adding more to nice previous gains I have in my 30% of portfolio position in multiple oil stocks, and a 2:1 leveraged bet on crude. Example, I’m up 35% on PBR in FIVE days (thanks to the Chinese falling in love with Brazilian oil after I bought it). I’ll take that as my Christmas gift from Santa. I love that greasy black oil when prices are moving my direction.
I also dumped all my gold positions at $810/ounce this morning. That was a GUESS that this is still NOT the real rally we’ve all been waiting for; gold price is still under the dark hand of deflationary pressures brought by this lovely economic depression.
December 10, 2008 at 9:39 AM in reply to: How high goes the rally on Obama infrastructure spending? #314164stockstradr
ParticipantI dumped ALL my short index positions this morning when saw chance to get out and still make enough to buy a Starbucks Latte, on that trade in ProShares “SDS.” Glad I still have the shirt on my back.
So, yes, I saw the markets were not headed down so I covered my short positions and ran like a scared rabbit.
I’m now convinced this Fool’s Rally has some real get-up-and-go left in it.
Lets talk about shorting indexes again when we see the S&P500 getting intimate with 1,000, or 1,050
ALL my current positions are LONG, except this morning I did buy a 3% of portfolio position short the 7-10 year treasuries, using the short fixed income ProShares ETF. Laugh, go ahead. I’ve started to nibble, and I’ll keep adding to my short Treasury position over the next six months. PREDICTION: within six months we will see the top of this bubble (low yields) in short-term US Treasuries. 3-month bill rates going NEGATIVE! Gimma a break. You need me to tell you that this is a great opportunity to short a bubble? I hope not.
Today the market is adding more to nice previous gains I have in my 30% of portfolio position in multiple oil stocks, and a 2:1 leveraged bet on crude. Example, I’m up 35% on PBR in FIVE days (thanks to the Chinese falling in love with Brazilian oil after I bought it). I’ll take that as my Christmas gift from Santa. I love that greasy black oil when prices are moving my direction.
I also dumped all my gold positions at $810/ounce this morning. That was a GUESS that this is still NOT the real rally we’ve all been waiting for; gold price is still under the dark hand of deflationary pressures brought by this lovely economic depression.
stockstradr
ParticipantAgreed. Great article. It touches on all the Big Themes in play right now. And it does communicate the certainty that the downtown San Diegeo condo market is SCREWED.
I loved this comment “stevewag23” posted to that article. Classic!
———————————-
You really need to me making $150,000 per year in San Diego to pull it off and live a nice life.No kids. No dog. No wife.
$300k if you want those things.
Anyone know where to get a job in San Diego for 300k?
And we don’t even have topless beaches with Model girls.
———————————-
stockstradr
ParticipantAgreed. Great article. It touches on all the Big Themes in play right now. And it does communicate the certainty that the downtown San Diegeo condo market is SCREWED.
I loved this comment “stevewag23” posted to that article. Classic!
———————————-
You really need to me making $150,000 per year in San Diego to pull it off and live a nice life.No kids. No dog. No wife.
$300k if you want those things.
Anyone know where to get a job in San Diego for 300k?
And we don’t even have topless beaches with Model girls.
———————————-
stockstradr
ParticipantAgreed. Great article. It touches on all the Big Themes in play right now. And it does communicate the certainty that the downtown San Diegeo condo market is SCREWED.
I loved this comment “stevewag23” posted to that article. Classic!
———————————-
You really need to me making $150,000 per year in San Diego to pull it off and live a nice life.No kids. No dog. No wife.
$300k if you want those things.
Anyone know where to get a job in San Diego for 300k?
And we don’t even have topless beaches with Model girls.
———————————-
stockstradr
ParticipantAgreed. Great article. It touches on all the Big Themes in play right now. And it does communicate the certainty that the downtown San Diegeo condo market is SCREWED.
I loved this comment “stevewag23” posted to that article. Classic!
———————————-
You really need to me making $150,000 per year in San Diego to pull it off and live a nice life.No kids. No dog. No wife.
$300k if you want those things.
Anyone know where to get a job in San Diego for 300k?
And we don’t even have topless beaches with Model girls.
———————————-
stockstradr
ParticipantAgreed. Great article. It touches on all the Big Themes in play right now. And it does communicate the certainty that the downtown San Diegeo condo market is SCREWED.
I loved this comment “stevewag23” posted to that article. Classic!
———————————-
You really need to me making $150,000 per year in San Diego to pull it off and live a nice life.No kids. No dog. No wife.
$300k if you want those things.
Anyone know where to get a job in San Diego for 300k?
And we don’t even have topless beaches with Model girls.
———————————-
December 9, 2008 at 2:02 PM in reply to: How high goes the rally on Obama infrastructure spending? #313795stockstradr
ParticipantMy instinct ALL DAY long today is I need to get out of my short index positions, with just a few percent net profit. I think this fool’s rally has more upside. We got anticipated approved of the automakers, plus we got anticipation of Obama’s big infrastructure spending plan.
December 9, 2008 at 2:02 PM in reply to: How high goes the rally on Obama infrastructure spending? #313828stockstradr
ParticipantMy instinct ALL DAY long today is I need to get out of my short index positions, with just a few percent net profit. I think this fool’s rally has more upside. We got anticipated approved of the automakers, plus we got anticipation of Obama’s big infrastructure spending plan.
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