The Crash of 2007

Full disclosure: My portfolio is 57% short. This is huge since I never tend to hold any significant outright short positions.

 

I have a target of 1610 on the SnP before lower prices. The market always seems to go just that little bit further than what most people think. I hope your short position works out for you.

 

ah ... this is like the hundredth post here on ET that predicts some kind of a crash in the near future

 

Please read:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=106585

 

Counter trend trading....SMART?! Now we know your not really Paul Tudor Jones.....time to change your name!

 

What makes you think the Fed won't continue to support the market?

 

If you've got sound reasons for taking such a position, watch out; sound reasoning usually leaves you screwed. If it's just a crazy hunch you'll probably score.

 

Crash where....ohh you are referring to sub-prime mortgage rates and default bills as well as to housing market. OK.

 

catching pianos is far safer than shorting stocks!they're seemingly bulletproof

 

Prepare to lose money, putz.

I suggest using today as an opportunity to cover everything.


-werd