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Re: lrp42 post# 30974

Saturday, 10/31/2009 11:58:01 AM

Saturday, October 31, 2009 11:58:01 AM

Post# of 47261
Hello Ray, ...2x Bear ETF, P&F Charts, etc.

It must be quite an experience indeed, getting a total knee replacement. Hope your recovery goes very well.

In the past, I only looked briefly at P&F Charts; so, I don't have enough background to use them profitably at this time.

My recent experience with the 2x Bear ETF was instructive. Psychologically, it seemed a bit contradictory from the perspective that, in order to make a dollar with the 2x Bear ETF, my existing long positions had to experience a downdraft, in the short term anyway.

I'll see how it goes from here. For me, short-term trading is a harder way to make money than the AIM-like method that I use with stocks. However, when there doesn't seem to be very good buys in stocks, then the 2x bear ETF looks appealing to me.

Best regards,

Jack








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