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roguedolphin

05/17/08 12:39 AM

#150 RE: shmolton #149

<<<"Say it ain't so MSGI, you're getting back in at the top?">>>

I had picked 6 "ultra-short bear" Indexes originally for this PSL9. I felt I was "going for the Mother-lode" in trying to win this contest in what I felt could be the resumption of a primary bear trend coming our way soon.

But then I was very disappointed in finding out you can only have 2 Indexes in the contest. I was wondering if I should bother entering the contest(??)......with so little good, fresh, and unexploited ideas.

Now I can be completely wrong on my bearish stance here.....but I see so many overbought stocks right now .....that that was the most natural way for me to play the next 3 or 4 months of this contest.

And I am playing the short side in a few market indexes of recent in my actual account.....the first time in quite a while.

I see good risk/reward in being short here....I'll know if I'm wrong or not and not get too hurt in trying to pick a turning point for a possible resumption of the bear market.

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MSGI

05/17/08 8:57 AM

#155 RE: shmolton #149

shmolton, I certainly wouldn't go 100% invested at this point, but so far, so good. Sure wish that I had grabbed some of that SOLF at $11.