Quote from Uncle_Ho:
Hedgefundtrader2, you are no better nor lower than the spam I get in my mail. Maybe a little more funny, but no better. You talk talk talk all day and never post trades, never say anything insightful, just spam the forums with your bullish rhetoric. We are in a bear market, I have 0% of my net worth invested in the stock market. If we go lower I may consider buying for value 5-10 years down the line, but to invest now would be the dumbest thing one can do. This week I plan to invest a large chunk of my portfolio into shorting the 20 year notes, and 30 year bonds. If the market stabalizes or goes higher, I will make money on that play. I bought the US dollar index lightly at an averaged price of 72.15, and we will see how that works out, if it goes lower I will buy more. I have been watching some various stocks for the past 6 months waiting to jump in when I feel ready. I am going to buy NYX if it gets into the mid $50 range, CME if it gets below $400, GOOG if it gets below $400, AAPL if it gets into the $80-$100 range, and I am taking a shot on the credit market by planning to buy ETFC 2010 $5 calls in the range of $1-$1.30. If my prices are not met, I don't buy. I am a trader first and formost, but if any of these stocks get in these ranges, I see good value in the long haul as an investment. These are my trades that I openly post to ET, What are yours? Or are you and stock_turd3r all talk?
