"Well, Gary, I am thrilled. I preserved wealth by taking
longs off table and buying DUST yesterday, pre-FOMC, and today pocketed a
20% gain. All cash and totally relaxed. Damn, this is fun! :)
Thanks for the solid analysis,
-Dave"
It is funny, I wish I was Dave right now, but I write a newsletter and feel the need to not be a day trader as consistent themes are carried forward. I am not having quite as much fun as Dave as I take some hits while hedging positions and managing risk. But I am having some sort of fun I guess, because things are going asymmetrical, which is my favorite environment.
Here we cull out the momo geniuses. And that will at some point include the bear herds as well. The next play, after Liquidation '11 will likely be a bullish one; first selectively and then maybe a little more broadly, globally speaking.
Meanwhile, where did I put that Prechter mask?
http://www.biiwii.blogspot.com
http://www.biiwii.com
Thanks for the solid analysis,
-Dave"
It is funny, I wish I was Dave right now, but I write a newsletter and feel the need to not be a day trader as consistent themes are carried forward. I am not having quite as much fun as Dave as I take some hits while hedging positions and managing risk. But I am having some sort of fun I guess, because things are going asymmetrical, which is my favorite environment.
Here we cull out the momo geniuses. And that will at some point include the bear herds as well. The next play, after Liquidation '11 will likely be a bullish one; first selectively and then maybe a little more broadly, globally speaking.
Meanwhile, where did I put that Prechter mask?
http://www.biiwii.blogspot.com
http://www.biiwii.com
Well, if it's any consolation, I won a very nice battle using some of my own analysis and yours. But, YOU are winning the war in overall performance!
ReplyDeleteYou see, by nature I'm a bear and have a hell of a time getting long. That's where you come in.. :)
Thanks,
-Dave