I have been short sds, faz, srs, for a long time now in and out
sometimes with trades but currently under water on all 3 .Sometimes
I think they/GOV/POWERS THAT BE/BILDEBERG GROUP/ will drag this
rally out till after Nov elections,hope I am wrong again.
STILL VERY BEARISH FROM what i read daily not in the main media
Don't trade off what you read in the media and instead focus on
the charts. There is no reason one should have been short the
triple leveraged funds for a long time since the market clearly
swung to an uptrend back in early July. Further, these triple
leveraged funds are NOT appropriate long term instruments as they
tend to lose value over time. If trading these longer term,
then look to short the long funds versus buying the inverse
funds.
.....your darn right Steve. Following news is not a good thing
to do. Just ignore it. Trade off the charts. The other thing I do
is to not read too many other sites. Most sites like to be bearish
and its usually because being Bearish makes "better
reading/dramatic reading" than positive news. Its easier to
dramatise negatives if you know what i mean. Hence I ignore it
I just let my strategies do their thing and if I
am doing any manual trading then just the charts. Cant see why any
manual trader would want much more than the charts put in a daily
or weekly update here on BPT. Without listening to the audio, its
easy to quickly scan them and get a sense of direction
So funny, years ago people thought I was crazy when I spoke of
this group as if it were unreal to think rich and powerful people
would get together and plot for their own interests.
Now, you see them mentioned in Blogs. To me, this is a
good sign that people are beginning to wake up to the fact that
things are not what they seem and our leaders "might be working for
someone besides the people".
Anyway, have a great weekend everyone! And remember:
“All truth passes through three stages. First, it is ridiculed.
Second, it is violently opposed. Third, it is accepted as being
self-evident.”
Arthur Schopenhauer (1788 -
1860)
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I have been short sds,
I'm just confused as heck. Are we going down over ...
Posted by honzer on 6th of Aug 2010 at 07:47 pm
I have been short sds, faz, srs, for a long time now in and out sometimes with trades but currently under water on all 3 .Sometimes I think they/GOV/POWERS THAT BE/BILDEBERG GROUP/ will drag this rally out till after Nov elections,hope I am wrong again.
STILL VERY BEARISH FROM what i read daily not in the main media
Don't trade off what you
Posted by steve on 7th of Aug 2010 at 02:40 am
Don't trade off what you read in the media and instead focus on the charts. There is no reason one should have been short the triple leveraged funds for a long time since the market clearly swung to an uptrend back in early July. Further, these triple leveraged funds are NOT appropriate long term instruments as they tend to lose value over time. If trading these longer term, then look to short the long funds versus buying the inverse funds.
.....your darn right Steve. Following
Posted by vimal on 7th of Aug 2010 at 03:29 am
.....your darn right Steve. Following news is not a good thing to do. Just ignore it. Trade off the charts. The other thing I do is to not read too many other sites. Most sites like to be bearish and its usually because being Bearish makes "better reading/dramatic reading" than positive news. Its easier to dramatise negatives if you know what i mean. Hence I ignore it
I just let my strategies do their thing and if I am doing any manual trading then just the charts. Cant see why any manual trader would want much more than the charts put in a daily or weekly update here on BPT. Without listening to the audio, its easy to quickly scan them and get a sense of direction
bilderberg
Posted by jtverr on 6th of Aug 2010 at 09:04 pm
So funny, years ago people thought I was crazy when I spoke of this group as if it were unreal to think rich and powerful people would get together and plot for their own interests.
Now, you see them mentioned in Blogs. To me, this is a good sign that people are beginning to wake up to the fact that things are not what they seem and our leaders "might be working for someone besides the people".
Anyway, have a great weekend everyone! And remember:
“All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.”
Arthur Schopenhauer (1788 - 1860)