Selling Short America and the Rest of the World [View article]
Losers always talk about how "unfair" the game is or how the winning team "cheated." Sure, all you losers are just "better men" than the fleecers but I doubt they give ONE SH$T about your moral condemnation - nor should they. Play the game to win or go f'ing home.....
Like Todd Kenyon's post and anything in the financial media, JIm Cramer's picks should be taken with a grain of salt. There's no reason his picks can't serve as a "starting point" but, as Cramer, Bill O'Neil (Investors Business Daily) and many others advocate, do your own homework and have a consistent method for cutting your losses while letting your winning trades run.
Good thoughts Graham. Gold is an interesting hedge at present. If Uncle Sam gets up out of his rocking chair to support the buck, then gold "should" get crushed. Oil has a demand thesis that can keep it propped up (not at $136) but certainly over it's 50-200 DMA. Can gold withstand an attack from Uncle Sam and the Federalis?!
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