RE: RE: Not Complicated
Yup, and some of the sell-out and buy-back sweet spot numbers are enought to make anybody cry - like the 10x on our share positions we could have finnessed from top to bottom! I did get a jones on for IVN around Christmas, and truly down to scratching up credit bought as much as I could justify when nobody else would touch the ask... which has paid a few bills and helped bandage up the rickety old speculative portfolio the last few months.
Very hard to say whether the other shoe could drop on the economy in general - although the willingness of the US government to spend about 3x what they did to defend us all against Hitler, Mussolini and Tojo does create some confidence. My guess is the focus is going to shift from private sector balance sheets to the US Federal/State balance sheets and the dollar will gap down some time in the next six months - gold will be the other side of the waterbed me hopes.
China is the real deal, but they can stumble badly too ... we live in intereting times.
CG