Gene's Footnotes

I have never been impressed by the messenger and always inspect the message, which I now understand is not the norm. People prefer to filter out discordant information. As such, I am frequently confronted with, "Where did you hear that...." Well, here you go. If you want an email version, send me an email.

January 26, 2010

Tick Tick Tick

Can't offer anymore concern.  Just look at thegraph Greg sent me. 

You can buy EFTs on the downside.  I have built up a little in NASDAQ, but you may as well stay with a common indicator, the S & P.  The "ultra short" index EFT (moves faster than the market) is     SDS. 

The SDS goes up in value as the market goes down.  It goes up faster than the S & P goes down, so it is gambling like a daily double.  If you don't like gambling, buy silver, but this is a very good gamble.  Its a very attractive risk/reward.  The only down side is the S & P goes up forever from here.  Hence, it is a good hedge, as well, against anything you may do that assumes an upside. 

The SPX below is not what to buy, unless you think all is well and going up.   Article



Remember, you make serious money when blood is in the streets.

Labels: ,

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home