2009 Depression Will Be Nothing Like 1929 [View article]
On Mar 07 11:32 AM Mark Krieger wrote: > The markets go in extremes in both directions. This irrationality > provides ample opportunity for the prudent investor to exploit, either > by opening a short position or a long one. it's typical herd behavoir, > and those who have the insight to avoid that dangerous mentality > will prosper. Disclosure: Long BRID, PBY and IPSU, Short: AMZN
2009 Depression Will Be Nothing Like 1929 [View article]
> The markets go in extremes in both directions. This irrationality
> provides ample opportunity for the prudent investor to exploit, either
> by opening a short position or a long one. it's typical herd behavoir,
> and those who have the insight to avoid that dangerous mentality
> will prosper. Disclosure: Long BRID, PBY and IPSU, Short: AMZN
Interesting you mentioned IPSU. I discussed IPSU a long time ago:
seekingalpha.com/artic...
And then I decided I did not want to buy it later:
seekingalpha.com/artic...
Now IPSU is making new lows. Could you discuss what makes you interested in IPSU and why there is rationale to buy it?
I think right now the best two sectors to be in is dry bulk shipping and precious metal palladium:
seekingalpha.com/artic...
On sugar (IPSU) I am not quite sure.