Replies to post #81626 on Savvy Trades and Investments

[blindman28]

LUVU is cheap on the long side haha

[michael t]

hweb thanks for the thoughts. I'm in the camp of trying to hold off on selling some positions until January. That will probably backfire.

Yesterday I hedged my long exposure with an SPY short. IWM may have been a better choice.

Based on the Buffet indicator of total market capitalization to GDP, we are now over 180% versus a peak of 159% in 2000. It may keep running, but were in uncharted waters.

[cliffvb]

Hweb, I can't argue with any of what you said. The markets could well see a correction in January. OTOH, a little voice in my head keeps saying Don't fight the Fed. So I don't think I will short anything here.

[littlejohn]

hold that thought until next year...

so we watch...


Merry Christmas...LJ