Ben Bernanke Gives All Clear To Go Short

Discussion in 'Wall St. News' started by ByLoSellHi, Feb 14, 2008.

  1. I'm with you, shorting every uptick and every gap up relentlessly. No stops needed. There will never ever be any counter rallies or short covering frenzies so I just add to losing positions. No risk whatsoever because - as you outlined - there is NO WAY WHATSOEVER (not even a slight chance) that stocks can rise from here.
     
    #21     Feb 21, 2008
  2. Take a look at the philly fed data released today.

    http://www.bloomberg.com/apps/news?pid=20601087&sid=a_UaKt9uRWUE&refer=home

    It came in at -24. Go ahead and make that brave call that either 1) we're not in a recession now, or 2) in the remote case we're not in a recession now, we'll avoid one.

    Are you looking for positive equity returns over the next three to six month period?
     
    #22     Feb 21, 2008
  3. ssblack

    ssblack

    Cash advances on their credit cards. :D
     
    #23     Feb 21, 2008
  4. I agree.

    In my area, the 22oz bottles of Budweiser went from $1.19 each to $1.59 THIS week. The 22oz bottles of Miller Genuine draft all the way up to $1.79:eek: If the Fed thinks inflation is "anchored," I have news for him! I really hope we don't repeat the 1970's...

    Of course, my consumption of the above mentioned beverages may have lead to a shortage, therefore leading to a price increase recently.:D :p
     
    #24     Feb 21, 2008