patrick.net
An Antidote to Corporate Media
1,363,615 comments by 15,735 users - Al_Sharpton_for_President, clambo, floki, FortWayneHatesRealtors, MolotovCocktail, Patrick online now
Comments 1 - 7 of 89 Next » Last » Search these comments
I'll go out on a limb here, since it's unlikely that many will agree with me. S&P500 is looking great by my estimation. Not much thought; great diversification; good growth prospects.
The consumer is dead, but big business can still do quite well in an inflationary environment once we get over this bout of deflation.
Of course, I think longer term than 1 year. I'm usually too early.
Chuck Ponzi
I'd short everything, especially the broad equity indexes. One exception might be gold for which I'm long with very tight stops.
Peter P
2009 Feb 17, 7:43am
frank, what is your primary trading time-frame? Do you use daily charts or 30-minute charts?
I just read German houses as good as gold!
http://uk.reuters.com/article/stocksNews/idUKLNE51G00D20090217
actually: not sure how you put a house in your pocket and take it down to the store to buy something (perhaps stopping at the coin dealer to exchange for fiat currency first).
As drudge says in a way - Today we are all Swedish! Although Sweden has a better rated democracy.
http://www.ft.com/cms/s/0/2ad3b750-fd27-11dd-a103-000077b07658.html?nclick_check=1
Top of the list for democracy this year: SWEDEN!
http://en.wikipedia.org/wiki/Democracy_Index#2008_ranking
Comments 1 - 7 of 89 Next » Last » Search these comments
So home prices are down, gold price is up, and Europe is facing economic collapse...
What should we do? What are the best investments? What stocks/currencies/bonds/commodities should we short?
We must think for ourselves because nobody else will care.