isn't CPI based on equivalent rents?
yes, one of the many flaws in CPI - people will be asking these questions more and more soon...
here is a hedged bet that is surely going to make you money
Started by
greenie
, Nov 01 2007 04:19 PM
14 replies to this topic
#12
NAV
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Posted 02 November 2007 - 12:47 AM
Long tech (QLD), short financials (SKF). Everyone thinks it is a winning combination. Tech is here to stay, leveraged financial companies, homebuilders, REITs, brokers, banks are going to get busted. Another winner is going to be commodities....that sector is going to be unscathed by any correction.
What do you think???
Changed my SRS positions (opened in mid May) to half QID and half DUG
Made a tiny 24% profit for having the luxury of not watching charts every minute of the day.
Best to all,
G.
Greenie,
You come accross a Jimmy Rogers with infinite pockets riding those large secular trends. And for all the grandiose talk on SRS going to 600, you bailed out on it at 94. And not at 125, cuz you don't beleive in counting nickels and dimes, lol. I guess that's what seperates men from boys. And so much for the talk on not trading the squiggles but the big picture. Oh BTW, keep us updated on when the real estate in "Silly Con" valley drops by 90% from it's peak. I need to buy some properties
Edited by NAV, 02 November 2007 - 12:56 AM.
#13
greenie
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Posted 02 November 2007 - 02:44 AM
And for all the grandiose talk on SRS going to 600, you bailed out on it at 94. And not at 125, cuz you don't beleive in counting nickels and dimes, lol.
I explained it already NAV. SRS:QID=2.68 now and SRS:DUG=2.3. So, if I come back to SRS at SRS:QID at anything less than 2.68, I am still riding SRS + made some pocket money
. It is called sector rotation.
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#14
greenie
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Posted 02 November 2007 - 03:44 AM
Or, in plain English, I am not saying that SRS is not going to 600 (it may even go above 1000), but I found a even better vehicle on the short side.
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#15
NAV
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Posted 02 November 2007 - 09:54 AM
Or, in plain English, I am not saying that SRS is not going to 600 (it may even go above 1000), but I found a even better vehicle on the short side.
You are too whimsical. That's not how you trade secular trends, by hopping from one vehicle to another. The nieghbors wife is always sexy !!
