LONG entering open in DJIA and NASDAQ. i was in a meeting yesterday with some private money people from morgan stanley and brandywine asset management---- biggs who is morgan's lead analyst is expecting 20-30% gains in equity indexes this year. i am not that bullish, but it is interesting that we are on the same bullish side. whatever that could mean
Hi Surfer I just would like to learn from you one thing. Did you hedge the above position by option or else? Thanks in advance!
Surf, Thursday and Friday erased almost all of Wednesday's gains. How do you hold longs through such a downdraft? Are you hedging your positions? Are you hedging your profits?
******* ''20-30% gains ''may be a bit much on the DIA;20 % +seems reasonably for the SPY.Got to respect Morgan Stanley they hired Joshua Lukeman. 20-30% seems seems underestimated for QQQ[or $NDX]-they make that in the 4th quarter much of the time. {10 years + data] ******* Trembling with the spring green up,green charts, and green tea. OVER looked ike a good short EXCEPT- DIA SPY QQQ are too strong for me to short now.