Friday, January 9, 2009
Direction
I no longer feel like a deer in the headlights not knowing what to do. My instincts buttressed by a careful weighing of everything I have read and heard leads me to believe that the current global economic state is one of Near-Depression at best. So I am acting accordingly, reducing long equity positions and increasing short equity positions (via exchange traded funds). If I'm right I'll do pretty well. If I'm wrong I'll lose some money.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment