February 21, 2008
Buckle Up
“first solar, i shoulda invested in them like 2 years ago, haha, oh well”
yea or GEX
http://finance.yahoo.com/q?s
the next buble people are saying
alternative energy
“so you think like 1.5-2 months jump on solar and other alternatives?”
more like 3-6 months
BUT we’re going to see at least one more BIG rough spot
coming up
really soon
hence the ultrashort ETFs i recommended
then we wait
let the market tell us
we don’t need to capture it at exactly the bottom
i’d rather miss a few points off the bottm
than get in and have it fall further.
but seriously, now’s not the time to be buying
for a quick buck, buy any one of these today or tomorrow and hold for 1-3 months. let me know if you buy and i’ll give you the exact price targets to sell at. you will be golden. i’m 100% invested in these, that’s how much i believe in them
http://finance.yahoo.com/q?s
http://finance.yahoo.com/q?s
http://finance.yahoo.com/q?s
http://finance.yahoo.com/q?s
http://finance.yahoo.com/q?s
it’s based on market fundamentals, 10 year bond rising, mortgage rates rising, more defaults, home prices down. bond insurers splitting, subprime half going bankrupt
and also technical analysis, the same shit that says XLNX will have trouble busting through
$22.5. it also says NVDA is temporarily at a bottom, but probably will go lower
all ETF’s they are inverse ETFS up 2% when underlying is down 1%
DXD is inverse to DOW
SDS is inverse to S&P500
QID is inverse to NASDAQ100
TWM is inverse to Russell 2000
SKF is inverse financials
but they trade like stocks so you don’t need to short anything, the ETF does it for you, you just buy and hold it.
also if you graph the stock market with a 50 week moving average (long term market timing signal that hasn’t been wrong for the past 20+ years, you’ll see it just turned negative) meaning the stock price crossed the 50 week moving average of prices.
buy in 12/51995
sell in 12/4/2000 for 196% gain
buy in 9/1/2002
sell 2/4/2008 for 40% gain
the yellow line is the 50 week moving average
