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Re: NYBob post# 3719

Saturday, 11/22/2008 4:15:54 PM

Saturday, November 22, 2008 4:15:54 PM

Post# of 7199
Well all I can add is....

if you're interested in this stuff.....if u haven't already done so, I highly suggest you watch both Zeitgeist & the newly released addendum.

I found this board thx to Utmostbastard so I began ck'n out a few posts here....so apologies if Zeitgeist has already been discussed here.

I'm thinken contiune ta stay long the sds, gold & thus short the dollar here....3 no brainer positions imo....& if ya don't have the stomach for all the 4x volitility & all the inherent risks, u can always find yourself a fairly safe long gold etf & short greenback etf.

Just be mindful that the sds is approx 2-1 to either direction....so your gains (if the dow goes south in this case) are double but if u happen ta feel we are close to the bottom & are right, you will lose your money twice as fast on the sds if the dow trends up from here.

I happen ta think that we very well may be seeing a 6K handle on the dow w/gold continuing to trend north from here....& w/re to greenback....the low 70's seems like a fairly conservative call....wouldn't be surprised at all ta see it go lower.

Cheers!!

& thx again to Utmostbastard for the heads up w/re to this board....good stuff....& UB....ya gotta PM reply.

http://www.zeitgeistmovie.com/

http://www.thevenusproject.com/

"Risk comes from not knowing what you're doing."

Warren Buffet

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