Sitting still and watching the show isn't the easiest thing to do. I think I mentioned( several pages ago) my plan was to wait until/if sp1600 to short. Looks like it's getting close to that time period. I'm still not really enamored with inverse funds for shorting in an IRA. So I'm probably going to liquidate part of the portfolio so I can go short in a taxable account.
You meant the easiest. Anyhow, the show hasn't even started, you are just wetting our appetite. I don't remember, but what if it won't? Then no trades in the whole year? I think it is nice to have a plan and sticking to it, but it is also nice not to miss out on opportunities. There are plenty everyday...
1) If it doesn't reach my high expectation then I'll just wait for what I think is a low for re-entry. 1b) Perhaps. 2) I'm trading my plan not someone else's . 3) oh really ? ...do tell? Seriously lets hear your plan. tell you what: start a journal and lets track how all of these opportunities everyday pan out.
That's easy! Just follow my Herbalife predictions in the HLF thread. Anyhow if you are really waiting for SPX 1600, I don't expect you to post any trades for the next 2-3 months... But it has been an interesting thread...
Looks like he's playing The Band(s). (The night....they drove old Dixie downnn....and all the bells were ringing'....." ) Gotta be careful though - if it cracks above $43 Ackerman can get his head handed to him if it makes it's way back up to the top of that flat base from last year around $53-54....
I kinda wonder if this cyprus situation is going to have any overt ramifications next week. Myself I think punishing depositors is a rather bad decision and omen.
ANNNNNDDD......... You're Welcome!! http://tinypic.com/view.php?pic=98axwk&s=5 High today was 52.83 Wonder if Ackman was buying while his clients were shorting....?