Originally Posted by
scambo1
Not investment advice, do your own due diligence, you are responsible for your own actions.
That said and I hope I'm right. The Bernanke just finished talking and quite eloquently I must say. Clearly he put responsibility in the lap of the government. While he was talking, the market was slightly buoyed, bear market rally. Dead cat bounce for the laymen.
I'm not recommending that anyone does anything, but I like TZA at this point, maybe for the next week.
Anyone else got an opinion?
DYODD, not investment advice.
Long on prescious metals, buying the dips while dollar cost averaging (poor man's arbitrage [sp]) while staying liquid enough to jump into real estate when phase 2 of that bubble collapse happens (we're not done falling yet and it's still being propped up quite a bit).
I'm not smart enough to day trade so I gotta surf the long term trends.