I would watch either short or long and buy strength in either one. i was commenting on philosphy of trading to STOP him from buying on the way down till he has no cash left.
Cash is the only thing going up now outside of selective shorting. Cash is going up because alot else is going down.
On Feb 21 05:44 AM GOEBOC wrote:
> Then, what is the conclusion in a backwardation situation, is it > that you must buy the double long etn instead of shorting the double > short? That is it?
The Boons and Banes of Oil ETNs [View article]
Cash is the only thing going up now outside of selective shorting. Cash is going up because alot else is going down.
On Feb 21 05:44 AM GOEBOC wrote:
> Then, what is the conclusion in a backwardation situation, is it
> that you must buy the double long etn instead of shorting the double
> short? That is it?
The Boons and Banes of Oil ETNs [View article]
stop buying on the way down!!! wait for strength and buy when it goes up!
do you buy houses when they're dropping or when their value is rising!
please stop doing what you're doing -- DO THE OPPOSITE!