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To: sourcery
As a market analyst/trader, here’s my prediction: It falls below 10k tomorrow or Friday. Then rises back above. Then falls below 10k again in September. After that, it probably won’t be back above 10k until early 2011, at the earliest. Of course, it could spend many years below 10k. We’ll see.

Time to sell short?

10 posted on 08/25/2010 2:28:01 PM PDT by E. Pluribus Unum ("The only stable state is one in which all men are equal before the law." -- Aristotle)
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To: E. Pluribus Unum
Only if you know what you're doing. There's no way I can give you a good answer without knowing the size of your trading/investment account, the amount of risk you're comfortable with taking, your knowledge of and willingness to follow professional risk and money management practices, and your ability to recognize that a trade isn't working and should be closed out before the loss gets too big.

Book recommendation: Trading In The Zone

19 posted on 08/25/2010 2:35:57 PM PDT by sourcery (Obama is so conceited, he probably thinks that the 'Zero' in 'Ground Zero' refers to him!)
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To: E. Pluribus Unum

That was last week.


41 posted on 08/25/2010 3:20:19 PM PDT by arthurus (Read Hazlitt's "Economics In One Lesson.")
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