To: jmj3jude
buy on the dips sell on the rips, to me this is a trading market, not my cup of tea. So I am out, may do some shorting with etfs if I can find a broker I like.
I like this site http://www.marketoracle.co.uk/Article6773.html for info only not opine on US politics.
I am still researching at this time am leaning toward bonds but it is going to take me a long time, so I am staying in cash for now.
74 posted on
11/06/2008 12:54:14 PM PST by
Fred
(The Democrat Party is the Nadir of Nihilism and Obummer is a WHINING marxist)
To: Fred
“I am staying in cash for now.”
Not a good long-term position with massive inflation on the horizon. Probably okay for the short term - your $10 cash is going to be worth more than your $10 stock going forward. Consider investing in bureaucracy if you can figure out a way.
88 posted on
11/06/2008 1:04:41 PM PST by
calenel
(The Democratic Party is a Criminal Enterprise. It is the Socialist Mafia.)
To: Fred
I would also buy on the dips and sell on the rips. Bascially, swing trading. However, we are breaking trend lines. That is not good, and it signal's further erosion in the markets. The trend is your friend. I don't short the markets, I just am uncomfortable making money that way. But I wish you luck with it.
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