Short no more

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Jul 25, 2006 4:04 pm

Mid term election rally here we come.  Thanks Bernenke.


Yep I got it. There's no inflation.  ok. Nothing like having a political hack running the Fed.  But what the heck, I'll go for the ride.  

Jul 25, 2006 6:19 pm

Jul 25, 2006 8:34 pm
Malcolm:

Mid term election rally here we come.  Thanks Bernenke.


Yep I got it. There's no inflation.  ok. Nothing like having a political hack running the Fed.  But what the heck, I'll go for the ride.  



Imagine that, the Fed Chairman being in league with the President who appointed him.

Jul 25, 2006 9:43 pm

You can still be short.  You just have to have a thesis, conviction, a brain, and a pair.

Jul 26, 2006 3:53 pm

Follow the bigger picture soothsayer and you will have the wind at your back.  Don't fight the trend. 


You'll be able to short easily again after the election in my opinion.  Best of luck with your "thesis" though. 


Jul 27, 2006 8:00 pm

I'm not sure that the fed chairman is in Bush's back pocket...he raised rates at least a couple times. How many more do you need? Dipwad raised them like 13 in a row before Bernenke.

Jul 28, 2006 9:19 am
Malcolm:

Mid term election rally here we come.  Thanks Bernenke.


Yep I got it. There's no inflation.  ok. Nothing like having a political hack running the Fed.  But what the heck, I'll go for the ride.  




While you've sort of  misstated what Bernenke said, given today's GDP numbers, it would seem he was right. Any thoughts?

Jul 28, 2006 11:05 am

Yes I willl give you some thoughts. 


We are entering a period of stagflation.  That's bad.  In my opinion Bernenkes remarkes were fed to him by Hank Paulson, former Goldman scussball, now working for the Whitehouse.    


The economy likes like CRAP to me but that's just my little opinion.  Like I said, I got out of all my short positions recently and am pretty much 100% long in all accounts now. 


I feel very uneasy about our countries situation in so many areas I don't have time to get into on here.  I think everything could fall apart VERY quickly.  At any rate, I am now long.  For how long I don't know.    

Jul 30, 2006 1:02 pm

I'm still short Vonage, from $16... 

Good play indeed. :)  Easy when a company literally has no product and has the lowest customer satisfaction of any company I've reviewed.

Chris