Here is mine: Never mind going short the minis. Never mind going long oil. Never mind going long Gold. I belive a general philosophy at any given time is essential in profitable trading. What is your current philosophy?
================== Fs T-man; Well dont agree with all his politics, but George Soros had a brilliant quote''market has a bias.'' I call them trends; bias maybe a better word. DIA,DOW long term trends are down; panda bear, polar bear trends.C,BAC are down,community banks are UP. Oil/gasoline trends, see my comments elsewhere this month; Royal Dutch Shell did sell a tanker full[bloomberg,com/1/27/09] Not long or short gold futures/GLD now; Dr Pat Robertson is profitable/ long gold futures. May get in that trend; even though lots of traders in that luxury market. As IBD likes to note the 200dma .200dma is up. Havent checked gold 50dma lately......................................................................................