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Old 10-27-2011 | 08:46 AM
  #78913  
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tsquare
No longer cares
 
Joined: Mar 2008
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From: 767er Captain
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Originally Posted by boog123
Who wrote this again? Oct 2:

"If you haven't set up a brokeragelink do it first thing monday morning. Put all available investable assets there (sitting in a tax exempt moneymarket trust). The market is going to fall off a cliff within the next 2 weeks... sooner rather than later.

Wait for the market to hit bottom...by 3rd week in Oct. Buy a good 3X etf like tna or erx. Plan to sell in april sometime and shift your holdings to a 3X inverse etf like FAZ. Rinse repeat. Not much babysitting required.

FWIW, from the guy who bought erx monday (not friday) at 30.80 and sold tues for 38, a 25% gain in two days in full view of you folks.

Again, not investment advice, do your own due diligence, your mileage may vary, you are responsible for your own actions, etc."
Yeah.. it's all good right now. Wait until the "Super Comittee" (I have a hard time typing that with a straight face) finishes doing.. well.. nothing.. and that becomes page 1. Even that being said though, I am optimistic.