DislikedHey traders,
I am sure you have been watching the charts for the last 5 months....if you have not, please get out of the markets and go to cash, gold, cd's or bond funds, at least for the next 12-24 months.
Capital preservation...not appreciation is the humble move and I think we have to position ourselves now.
To be defensive we can buy inverse etf's in our personal accounts and goto cash in the 401k's.
Please do your own research and make sure you know the risk...what you were taught by main stream financial...Ignored
I wonder if there are any listed log cabin builders or ammunition suppliers we can get long as well for when we go to ground with our Heinz and Campbell's shares
Unless there is an enormous crash and the world ends, I think we are forming the bottom of a new move higher into year end.
The big guys will not let a crash happen when they are all on holidays with their juniors on the trading desks.
That said, early 2011 I may well have a portfolio just as Golfer suggests.
Still you have made me laugh for the day already, thanks again!!
4x.