InvestorsHub Logo
Followers 84
Posts 32230
Boards Moderated 85
Alias Born 03/22/2005

Re: scstocks post# 12029

Thursday, 05/18/2017 1:30:13 PM

Thursday, May 18, 2017 1:30:13 PM

Post# of 19856
SC, I'm now onboard with your short/bearish strategy. It's probably still a little early though since we haven't seen what the Fed/PPT's response will be to the new reality of Trump-gate.

The Fed desperately wants to normalize rates and unwind their balance sheet, so one would expect them to keep propping up the market. On the other hand, if they don't and allow the market to really tank in the weeks/months ahead, then my 'what if' scenario (current crisis leads to SDRs) would have more credence.

Or it might just be a regular bear market approaching, but either way after 8 years it looks like the market's best days are behind it, so getting a short position in place seems like a prudent move. Personally I prefer cash and gold, but moving to a short position sounds reasonable for more aggressive players.














Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.