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Deep Market Thoughts Here s My Plan

Posted on July 07, 2008

I am not smart enough to bet on a crash. I did say here a few weeks ago we would see a Dow below 11,000, but we are now pretty much there. If we crash, who knows really where we stop, a few YUTZ s will get famous and survive off it for 20 years in Business Week and Barron s, but that won t help you.With the Dow down 3,000 plus points from the high and China down 50 plus percent, I need to put on my positive hat for a moment.I have been selective shorting stocks and ETF s to stem part of the bleeding to my mainly long only accounts, but as of right now I have pretty much booked prof...

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