Discussion in 'Trading' started by syswizard, Jul 30, 2007.
I pick "D", all of the above.
Those are all good reasons except for one:
"1. War/military defense budget busting
The tab on the Iraq and Afghanistan wars is now over $600 billion, with long-term estimates exceeding $2 trillion. Now many neocons openly predict the president will invade Iran before the next elections. WWIII will be the new "unintended consequence."
Isn't this rather a good reason to own domestic defense and manufacturing stocks?
I'd like to hear from some people who went short and ask them if any of those reasons are the reasons they went short. The list reads like a Hillary list of blame Bush. With the exception of real estate, much of the list is ho hum, that no one is going to change in the near future.
Senile old fart should get back to playing golf.
No. I went short because my AKAM chart was making lower highs. Im holding my short because Im up $27% in 5 trading days.
*Stop significantly lowered*
Good trading all.
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