I went to cash with 1/2 of my funds too. That was the with sale of GESLX last week into a money market fund. Now, we wait out the sudden and severe downturn that will take place between now and 2025. :-)
I don't really care why we are up...today. These markets have been up for months. The pump is that things are getting better. Ok I agree with the premise that things are getting better. If things are so good why is there QE2. Why is the press trying so hard to boost our confidence? A market that only goes up isn't good espechially one that has the full faith and meddling of the US gov't. One bank does 40% of all trades. I reamin a skeptic. As of today I am 91% cash. net short. I will porbably never be more that 50% invested again ever. Thank Hank. IMHO he ruined the markets forever.
Guts do you believe that # is the only reason we are up today? I do not
Also most thoughts and thinking aloud have been posted so many times and debated here we are only kicking a dead horse IMO
posting thoughts and concerns are different from losing money. You seem to confuse thinking outloud with doing. Take a deep breath. As an example: Todays pump about the ISM. Only 15% of our workforce has jobs that contribute to ISM numbers. I say BFD to the fact that they are up. I could easily paint a picture that 6 months from now the ism #'s could be crap. It doesn't mean that I'm short PH,ETN,IR. It simply means thatI am concerned. One should never think this are so good as to have no fear and never so bad as to have no hope.
Wifraud and the rest of the perma bears here are the true retards that have gotten wiped out. Now there betting on Ron Paul to save there sorry hides.Good luck to that.
Look at there track records. Your broke, and continue to post end of the world senarios. If your still holding 138% short if that's not a retard I don't know what is
retard 1 wilroid
retard 2 ranDUMB posts 1/2 truths gibberish and yes we broke April highs dummy
retard 3 mac the idiot just plain dumb
many here tied for 4th Tonsil, David, Beagle beak, Pumpkin head, Delta Bucs ect. They add no trading value at all just a bunch of clowns.
So it's a new year and perma bears will encounter the same results. Ben keeps the pedal to the metal and wipes out all the remaining shorts
lol - Name-calling is not how to win friends and influence people. ;-) And I'm a permabear too until we get an economic 'reset', which was due to happen back in Spring-Summer 2009 until the Fed postponed it with money printing. The economy should have been allowed to crash and burn (in a controlled way) so that failed businesses and banks would actually fail and stupid people who were speculating and playing with CDS and MBS and all that stuff would learn that greed and graft don't pay off. But instead we (taxpayers) reward all the greed and graft with bailouts and low interest rates, postponing the inevitable. So, I'm waiting for the postponement to arrive.