D
Diesel99
Member
Sold of all my equities in June 07 went with cash and purchased SDS SP500 ultra short at $52 lot's of ups and downs since June but the fundamentals say a down market for a while. Lot's of Shorts out there will bring this market down with a lot of volitility in the meantime.
Buy back in when the dollar starts to reverse or the Dow hits around 7500.
Good luck.
This post was back in March 08 when the DOW was at around 12,000 most guys said it was great time to buy stocks as they are on sale. I did beleive it was headed lower but I never thought it would close in the 7500 range this soon and there is no way in hell I am buying back into this market very scary!!!!