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Profile: bid83
About User Name: bid83 Groups: Gold User, Member, TeleChart Rank: Registered User Real Name: Location Occupation: Interests: Gender: Unsure	Statistics Joined: Saturday, November 12, 2005 Last Visit: Monday, June 18, 2007 11:27:07 AM Number of Posts: 2 [0.00% of all post / 0.00 posts per day]
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Last 10 Posts Topic: Risks of a sell off are increasing Posted: Sunday, July 30, 2006 2:03:20 PM I don't feel we have seen the devastating affects of the series of rate hikes. Years ago I heard a commentary on Elliot Wave: There are three people who have figured it out; one's dead, the other is crazy and the last is not talking! It's too complicated for me. I do read the posts of one, on another board, that feels he has a grip on it though. Bid Topic: What does it take to become a successful investor? Posted: Sunday, July 30, 2006 1:21:58 PM It is very difficult. Wall Street is the other Las Vegas. I am not trading this volatile bear market, but short QQQQ and long TLT, and always looking. Sometimes the best thing for me to do is be patient and do nothing. The SOX will lead this market when it reverses in later in the year. It alwasy does. This is my opinion. I would not ask for advice. I would ask what someone did recently that worked out. I tried to short USO on Thursday. There were no shares available to short. Why were there no shares available? I don't know. It was a good bed and others took them first, is the best I can figure. I am not a good trader either, but know now to sell at a small loss instead of a big one.......now. The markets are the most complicated game invented by man. Good Luck and best regards!!