I wasnt short back then, I actually stayed away from most of those internet stocks, however the difference is this, high oil prices will certainly slow any recovery for this economy, GDP will be hampered and consumer spending will probably slow to a halt, meaning if your short certain areas of the market while short oil you will actually have on a better trade then if you were just short oil all together. At this point high energy prices will certainly hurt the consumer, its a given.
This is the last move for Crude --shaping up just like the wheat trade!
- Thread starter BlueStreek
- Start date
I wasnt short back then, I actually stayed away from most of those internet stocks, however the difference is this, high oil prices will certainly slow any recovery for this economy, GDP will be hampered and consumer spending will probably slow to a halt, meaning if your short certain areas of the market while short oil you will actually have on a better trade then if you were just short oil all together. At this point high energy prices will certainly hurt the consumer, its a given.
except there is no bubble this time
i am still mystified by your DCR trade especially since you say you know the trust and how it works. who cares if it is only "1%" of your portfolio...you could have just taken that money and lit it on fire. it's like they had $10 lap dances at the strip club and you were like "nah fuck that....i'll give you $50 baby!" you are a baller.
You just proved that you are definitely not a trader with that ignorant statement. (or at the very least not someone who trades more than once or twice per day)
If something goes up too quickly it's usually an excellent candidate to short. vice versa for something that goes down too quickly. Most traders I know have a very large portion of their profits come from doing just that...
- mnx
If something goes up too quickly it's usually an excellent candidate to short. vice versa for something that goes down too quickly. Most traders I know have a very large portion of their profits come from doing just that...
- mnx
Now you are claiming to be SHORT commodities???
WTF???
What happened to all of your INFLATION themes and constant "bashing" of Helicopter Ben pumping up the money supply to RE-INFLATE???
You are about as much of a "flip-flopper" as John McCain has been over the years. And your total lack of understanding of the "DCR" confirms just how absurd your knowledge base is.
Congratulations, you have ZERO credibility.
But please keep posting . . . it's getting more and more absurd by the minute!
