Yawn.....stretch........oh surprise surprise the markets at a new intraday high.....ho humm. Easy money $$$$$$$ just buy any were you can't loose.
As I said month the subprime, lending, mortgage, liquidity thing was no big deal and I was certainly right. Dont fight the markets, shorts. Just go long and buy the dips. EWZ calls made me a small fortune. I will buy more calls later. Made so much.
Following this plan, which is the one most promoted by Wall Street and the Mutual fund industry, you will in the very long run, assuming you have a very diverse portfolio, achieve gains slightly less than the broad market, and perhaps a few percentage points above inflation (if you are lucky). If you are not diversified, you stand a good chance of a wipe out. This is not what trading is about.
its true, you cant lose, you just buy the dip and make money, I would say stick with all major market index ETFS. QQQQ DIA SPY IWM etc.
it will all be wiped out in a 2-4 day session...so be careful..but hey when yous right yous right....buy buy buy in my case i am buying double the inverse....:eek: